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Old 04-16-2007, 09:03 PM
Bill Brown
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Default Re: Schedule C question: No Home Office Expenses

"Rod" <R...[at]NO.SPAM> wrote:

- quote -

> 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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Old 04-16-2007, 04:28 AM
Rod
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Default Schedule C question: No Home Office Expenses

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

<< ================================================== ===== > << 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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