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March 8, 2025
Question

Do I need schedule c if I had all taxes required held out and had no out of pocket expense?

  • March 8, 2025
  • 1 reply
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I had all taxes held out ,s.s,federal,state,medicare.dont need a schedule c because I had no out of pocket expense correct?

1 reply

March 8, 2025

If your income was reported on a W-2 which shows that Federal tax, Social Security tax, Medicare tax, and state income tax was withheld from your income, then you do not need a Schedule C.

 

However, if there is a box checked on your W-2 that indicates you are a statutory employee, then you will need a Schedule C included as part of your tax return to report your income, regardless of whether you have any expenses to claim.  

 

See the following TurboTax help article to learn more:

 

What's a statutory employee?

 

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