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February 15, 2023
Question

Where is the schedule C Returns and Allowances located now?

  • February 15, 2023
  • 1 reply
  • 0 views

Hello all, 

 

I'm using TT Premium and the schedule C Returns and Allowances section has been moved from where it was located for many years. After an hour on the phone w/a TT cust service rep, we were still unable to locate where I would enter that information. Any help would be appreciated. Ty!

1 reply

Employee
February 15, 2023

Your profile tag shows TurboTax Business and you stated you are using TurboTax Premium [sic] which is actually called TurboTax Premier.

 

Regardless, if you are using the online version of Premier, you need to upgrade to Self-Employed in order to input information that relates to Schedule C. If you are using a desktop (installed) version of Premier, you may have to use Forms Mode for this entry.

February 15, 2023

@Anonymous_ Thanks for responding! I selected 'business' bcuz Premium wasn't one of the options. The CSR and I looked for the option to upgrade but the website only showed us Free, Delux and Premium.  How can I upgrade to business?  Oddly enough, that is the version that I've been using for years. Not sure how I even ended up in this premium version. 

February 15, 2023

I will tell you that the description for the Premium version reads (below) which is why we assumed that it was the new business version? 

 

Premium - Investments & self-employment income

Everything in Deluxe, plus

Investments & self-employment income

Designed for the unique needs of investors, freelancers, and small businesses owners. Automatically import investment transactions for effortless reporting. Uncover 500 deductions to make sure you get every dollar you deserve.