Using Turbo Tax Basic: Finding Schedule C for Deductions

[StacieB]

Ok so I am doing my taxes on Turbo Tax using the Basic form. Where do I find schedule C to add in my deductions. Last year I used home and business and it was easier to find. I remember someone saying that I didn't need to use Home and Business. Thanks for any help.

 

[janetupnorth]

Can't help there - I use Home and Business

 

[ChefBeckyD]

Can't help there - I use Home and Business

Me too - I know some said they use the basic...but to my understanding, the forms you need for small business aren't on the basic....Home and Business is just the easiest way to do it, I think. It costs a little more, but at least you have the peace of mind that everything is done and accounted for correctly!

 

[StacieB]

Ok thanks!

 

[coriatc]

I used deluxe! it has schedule c on there.

 

[StacieB]

Cori where in the deluxe is it?

 

[coriatc]

It is under Income & Wages...
Click on "Select Specific Topics" and then Click on "Business Income & Expenses"

You will put in your 1099 info, car info, etc ... and then as you click through, it will come to the "Enter Business Expenses"...

After you enter all that, you can click on "Forms Mode" in the upper right of the screen and you can view your actual Schedule C.

Hope that helps!

 

[StacieB]

Thanks Cori, I think I got it figured out. At least I hope so.

 

[jbdowd0798]

here's an interesting tidbit- I use taxslayer.com since they file federal free for military but i use turbo tax on line (just don't file) to check my work. Same numbers but taxslayer is showing $400 more refund then turbo tax. I'll be re-checking my numbers but I'll take more money! lol