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January 17, 2023
Question

Where do i deduct expenses such as supplies for a job?

  • January 17, 2023
  • 1 reply
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i am a contractor. i buy wood, screws,glue...etc

    1 reply

    January 17, 2023

    As an Independent Contractor you are required  to complete the Form T2125 (Statement of Business or Professional Activities). 

    This form can be found under Income > Self-Employed Income > Create your Business Profile. After the completion of Business Profile it will lead to the Form T2125, where you can enter your income and expenses. 

     

    Thank you for choosing TurboTax.