Question

how to enter foreign freelance vendor payment?

Forum|Forum|3 years ago
March 29, 2023
1 reply
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My LLC used foreign vendor service in 2022 and paid them from our bank account. Wondering where/how to report this in TurboTax Business? Thanks a lot!

TurboTax Home & Biz Windows

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DavidD66

Can you clarify what kind of return you are filing? Schedule C, Form 1120-S, Form 1065, Form 1120. You would report this in the same way you would report any other expense for your business.

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liulinglllAuthor

I am using "Schedule E" to report business expense. According to IRS we need to report W8ben form for the foreign freelancer. So if I put expense - "Software development" in "Schedule E" where/how can I attach/link W8ben form? Really appreciate!

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DavidD66

I'm still not following what you're trying to do. Is your LLC a single member LLC or a multi-member LLC? Have you elected S-Corp status by filing Form 2553?

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