Question

Which turbotax do i need as an independent contractor with almost no business expenses?

Forum|Forum|7 years ago
June 4, 2019
3 replies
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TurboTax Deluxe Windows

Employee

Most likely you will either need TurboTax Self Employed online or TurboTax Home & Business desktop. See link below that provides a product comparison of all Turbo Tax products.

Desktop product comparison

Online Product Comparison

S

Stevawils

Threaputic Support Staff , independent contractor

fanfare

Employee

If you don't have a complex business, TurboTax Deluxe will handle your contractor situation.

D

dlindsaedt

I had 3 months of 1099 wages and related milage costs to get there. Which turbo tax should I buy. I did make estimated tax payments.

X

xmasbaby0

Employee

@dlindsaedt If you had self-employment income----if you worked as an independent contractor---"1099 wages" --- then you need online Self-Employed or any version of the CD/download so that you can prepare a Schedule C for your business expenses. You will be paying self-employment tax for Social Security and Medicare.

https://ttlc.intuit.com/questions/2926899-how-does-my-side-job-affect-my-taxes

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653

https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922

https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax

https://ttlc.intuit.com/questions/1901340-where-do-i-enter-schedule-c

https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct

https://ttlc.intuit.com/questions/1901110-do-i-need-to-make-estimated-tax-payments-to-the-irs

https://turbotax.intuit.com/tax-tools/calculators/self-employed/

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**