Expenses not deducting from income

advertising expenses not deducting from income

Self-employed

Hello, 

 

  Thank you for your question, can you please provide more context?  Are you referring to self-employment expenses (T2125) or employment expenses (T777)? Are your advertisement expenses exceeding your gross revenues or employment income? 

 

Self-employed

Hello, 

 

I’m self employed realtor and 100% commission based. 
when filling out my expenses sheet in self-employed version none of the expenses I’m inputting are going against my yearly income. 

Self-employed

They are not exceeding the income. 

Self-employed

Since you are reporting commission income have you entered the revenues in Part 3C of the T2125 and the advertisement expenditures in Part 4? 

SC451
New Member

Self-employed

i have the same problem. Your software is a joke. I used a different software and it gave me almost $8,000 more in refund. I hate TurboTax for this.

Self-employed

Hello SC451,


    Good morning. I'm sorry to hear about your experience. Please reach out to one of our experts for further assistance.