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June 6, 2019
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Section 181 Film Production Expenses for 2016 - Do I enter deduction on Schedule A? Which Line on Which Schedule?

  • June 6, 2019
  • 2 replies
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Best answer by PatriciaV

Section 181 Film Production Expenses would be reported as a Business Expense on Schedule C.

The easiest way to find Schedule C in TurboTax is to open your return and use the Search box at the top right side of the TurboTax header. Enter "schedule c", hit Enter, then click on "jump to schedule c". This will take you directly to the start of this section where you can set up your business and enter your income & expenses.

Or go to My Account >> Tools >> Topic Search. Type in "schedule c", click the topic in the list, then click "GO".

(If you are using the mobile app and don't have My Account or Tools on your screen, try logging into TurboTax from a laptop or desktop browser.)

You will be prompted to upgrade, if necessary, to the TurboTax version that is best for your tax situation.

2 replies

PatriciaV
PatriciaVAnswer
Employee
June 6, 2019

Section 181 Film Production Expenses would be reported as a Business Expense on Schedule C.

The easiest way to find Schedule C in TurboTax is to open your return and use the Search box at the top right side of the TurboTax header. Enter "schedule c", hit Enter, then click on "jump to schedule c". This will take you directly to the start of this section where you can set up your business and enter your income & expenses.

Or go to My Account >> Tools >> Topic Search. Type in "schedule c", click the topic in the list, then click "GO".

(If you are using the mobile app and don't have My Account or Tools on your screen, try logging into TurboTax from a laptop or desktop browser.)

You will be prompted to upgrade, if necessary, to the TurboTax version that is best for your tax situation.

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June 6, 2019
If the Film Production Expenses are passive where do they go?
February 3, 2020

Can I work this (Section 181 Film Production Expenses on Schedule C) on the Deluxe version of TurboTax?