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Hi, I have a corporation created last year and didn't run any operations and businesses (so sales and income is $0), I filed the Corporate tax return earlier this year with everything 0. Now I want to close that corporation, based on what I read onli... read more
by phson01 Visitor I in Self Employed ‎09-23-2018
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"I’m self employed part time and work full-time w2. I don’t pay quarterly taxes and just wait until refund. Are my self-employment taxes deducted from my refund?"
by JMS Visitor II in Self Employed ‎09-15-2018
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Hello! I recently began working for a foreign company. They do not issue W2s or 1099s. I am considered self employed. I'm confused about paying quarterly taxes. Do I need to buy TurboTax for Self Employed 4 times per year? Or does buying it once a ye... read more
by Iko Visitor I in Self Employed ‎09-07-2018
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by airedale2008 Visitor I in Self Employed ‎09-04-2018
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i have a small side job on a hosting site that gives me a 1099, i have two employees that will take a 75% comission but im not giving them W-2s how do i write this on taxes? if i cannot write off the comission i will be losing money.
by sicklysphinx Visitor II in Self Employed ‎08-15-2018
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We are a small manufacturer and our inventory costs are high. As our end product contained oem components that have "no return" policies we require new customers to prepay 50% of our Bill of Materials costs. In June 2017 we invoiced a customer for $ ... read more
by Nymotion Visitor II in Self Employed ‎08-07-2018
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Last year bought brand new car on financing, can I Claim the following both :1. T2125 form, Area B,column 3,"total cost" claim car purchase price(after tax).2. Chart A, motor vehicle expensive. claim 2017 whole year's "car mortgage", because the car ... read more
by for2000data Visitor I in Self Employed ‎08-05-2018
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Ok so if I understand correctly I was told if I make more then $400 a yr I have to file taxes still due to Social Security and Disability.If I make more the $400 but less then $3000 how can I pay Social Security Disability? I don't want to have to pa... read more
by rebeccajones Visitor I in Self Employed ‎06-07-2018
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I need to enter my cost of goods sold. I don't see a place to enter this in TurboTax
by Bogart Member II in Self Employed ‎03-21-2018
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If you no longer have need for a schedule C, indicate that you stopped the business in 2017 in the General Info section of your business. This will remove the schedule C and any related schedules/worksheets going forward. If you had assets for deprec... read more
by PaulaM TurboTax Specialist in Self Employed ‎03-13-2018
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