During the interview process, on the screen titled W-2: Enter Your information, below Box 13, check Statutory employee. This will automatically carry your wages to Schedule C (Form 1040).
Complete the rest of the interview process.
Then, to finish entering details about the statutory employee income and expenses, follow these steps.
Online
Dashboards
From within your TaxAct return, click Income.
On smaller devices, click the menu at the top left corner of your screen, then make your selection.
In the My Income section, click Start beside Statutory Employee Pay.
Complete the rest of the interview process.
Classic Navigation
From within your TaxAct return, click Federal.
On smaller devices, click the menu at the top left corner of your screen, then make your selection.
Click the Business Income drop-down, then click Income and expense for statutory employees.
Complete the rest of the interview process. On the screen titled Statutory Employee, click Edit on the employee in question to open the applicable screens.
Desktop
From within your TaxAct return, click Federal.
Click the Business Income drop-down, then click Income and expense for statutory employees.
Click Review to open and complete the interview process for each Schedule C - Statutory Employee - Profit or Loss from Business.
TIP: If you select Statutory Employee checkbox and later realize that you do not need to file Schedule C, return to the Form W-2 and uncheck the box. If this box is marked, the Schedule C will continue to be generated and cannot be fully deleted/removed.
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