Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community

1 reply

ColeenD3
ColeenD3
May 16, 2021

Yes, he can deduct the portion the company pays, but not the portion withheld from the employee's pay.

 

Line 26

• Social security and Medicare taxes paid to match required withholding from your employees’ wages. Reduce your deduction by the amount shown on Form 8846, line 4. • Federal unemployment tax paid. • Federal highway use tax. • Contributions to state unemployment insurance fund or disability benefit fund if they are considered taxes under state law.

 

Schedule C

TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification