Skip to main content
March 16, 2021
Question

Is Payroll Taxes (under Expense Category) = FUTA + FICA?

  • March 16, 2021
  • 1 reply
  • 0 views
Iam doing Expenses, under Taxes and Licenses I am trying to claim Payroll Taxes. I am not sure where to that number on my payroll report?

1 reply

March 16, 2021

This is the Tax Advise Forum. I'm not sure what you mean by payroll report but you enter your FUTA and FICA on Schedule C, Line 23, Taxes and licenses. Remember, If it's directly related to the work you do, you can deduct it as an expense.

 

To enter your expenses, see:

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"