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Schedule C question: No Home Office Expenses

  
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Subject Author Date
Schedule C question: No Home Office Expenses Rod 04-16-2007
Posted by Rod on April 16, 2007, 12:28 am
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 In 2005 I did some consulting work, and entered what I made
last year in TurboTax for the 2005 tax year. First is the
first and only time I ever did consulting work so I only
entered it last year for calendar year 2005. So, for
calendar year 2006 I did not do any consulting work; so I
had no income from consulting and no expenses related to
consulting. I wasn't sure what I should do, when it came to
that point in doing the Schedule C of the interview. What I
entered was $0.00.

Is that correct? Or should I remove the consulting work
entirely from my income tax return in TurboTax 2006?

Rod

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Posted by Bill Brown on April 16, 2007, 5:03 pm
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> Is that correct? Or should I remove the consulting work
> entirely from my income tax return in TurboTax 2006?

Simply omit Schedule C from your 2006 filing.

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

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