Question

Im trying to add equipment as assets purchased and it says add to misc expenses but i dont have that category

Forum|Forum|4 years ago
April 4, 2022
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TurboTax Self Employed Online

When you enter an asset that costs $2,500 or less, you can elect to deduct the cost as a miscellaneous expense. To do so, while in the business section of TurboTax, choose the Business Expenses category, then Other Common Business Expenses, then Other Miscellaneous Expenses, then enter a description for the item (Tools, Furniture, etc...) and the cost of it.

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