Schedule C - Entering Business Expenses in Program
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To enter or review business expenses on federal Schedule C Profit or Loss from Business (Sole Proprietorship)OR Schedule C-EZ Net Profit from Business (Sole Proprietorship):
From within your TaxAct return (Online or Desktop) click Federal. On smaller devices, click the menu icon in the upper left-hand corner, then select Federal
Click Business Income in the Federal Quick Q&A Topics menu to expand the category and then click Business income or loss from a sole proprietorship
Click New Copy of Federal Schedule C (Desktop users click Add) to create a new copy of the form or Review to review a form already created
Click through the business general information and income questions until you reach a screen titled Business Income – Expenses
Click Yes and the program will proceed with the interview questions for you to enter or review business expenses.