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I'm filing my self-employment sole proprietor taxes. When Turbo Tax asks me: What was your self-employment income? Do I fill in net or gross income of my business?

I don't see an option to submit my expenses, but I want to file my expenses after filling in my gross income. How do I do this?
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I'm filing my self-employment sole proprietor taxes. When Turbo Tax asks me: What was your self-employment income? Do I fill in net or gross income of my business?

As seen in our TurboTax article: Guidelines for Reporting Self-Employment Income

Filling in the Tax Form

Report your self-employment income on separate lines for each source by entering your gross income and net income in lines 13500 to 14300 of your income tax and benefit return. These amounts are calculated by using the T2125 Statement of Business Activities form which is a part of your personal income tax return. Your gross income is what you have earned before any expenses are deducted. Your net income is what is left over after deducting expenses.

For more information please see our TurboTax video: TAX TIPS for Self Employed

 

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