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February 23, 2025
Question

my wife has a business, how would I file that information

  • February 23, 2025
  • 1 reply
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    February 23, 2025

    You should report the income from her business on Schedule C You are also able to deduct expenses from this work.

     

    Here's how to report your cleaning business in TurboTax Online:

    • Navigate to Federal > Wages & Income > Self-employment income and expenses > Start
    • Answer "Yes" to the question "Did you have any self-employment income or expenses?"
    • Give a description of the business
    • Continue until the interview asks "how does your business fit into your big picture?", based on the information you provided, it's a business.
    • Answer all the informational questions until you get to the screen  "Let's enter the income for your work."  Here, enter  what you were paid.
    • Once you've entered your income, type in your expenses in the proper categories, TurboTax Online will recommend popular categories, but refer to your records to ensure you are deducting all of your expenses