I am in process of filing taxes, how can I prepare the schedule C?

Kapil
Kapil Member Posts: 4 Newcomer

My regular job is full time salaried(W2), I got my real estate license(associated with brokerage) last year, this is a part time weekend job(commision based), I would like to claim expenses related to real estate exam, association/brokerage fees and other subscription expenses via Schedule C, can I do that? If so, how can I prepare the schedule C.

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Comments

  • MatthewD
    MatthewD FreeTaxUSA Team Posts: 587

    Hi,

    The expenses you listed can be claimed as business expenses on the Schedule C. To start a Schedule C:

    1. Click on the Income menu and select Business Income (Schedule C)
    2. On the Your Business Income (Schedule C) page, click on Add a Business
    3. Fill in the Basic information and proceed through that section.
    Business Income.png Business Income2.png