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April 15, 2025
Question

where do i enter business expenses?

  • April 15, 2025
  • 2 replies
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    2 replies

    VolvoGirl
    Employee
    April 15, 2025

    You can enter 1099NEC or cash Self Employment Income into Online Deluxe  but if you have any expenses you will have to upgrade to the Premium version.

     

    Where to enter expenses in the Online Premium version

    https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-self-employment-business-expenses-like-home/L1k6HJY4A_US_en_US

    April 15, 2025

    Ordinary and necessary business expenses to offset self-employment income may be deducted against self-employment income on IRS Schedule C Profit and Loss From Business.

     

    In TurboTax Premier Online, report self-employment income and expenses by following these directions:

     

    • Down the left side of the screen, click Federal.
    • Down the left side of the screen, click Wages & Income.
    • Click on the drop down arrow to the right of Self-employment.
    • Click to the right of Self-employment income and expenses.
    • At the screen Tell us the type of self-employment work you do, enter the answer and click Continue.
    • Establish the self-employment activity and report the income and expense.

    See this TurboTax Help.

     

    @Congo621 

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