File self-employed taxes in QuickBooks

Track your tax deductions: Track your business costs and find your tax deductions to help you save money and track office expenses to mileage.

Connect your bank: Connect your online bank and get your download transactions. This lets you review your category and update your bank feeds.

Categorize your expenses: To make tax time less stressful, categorize your transactions as they come in. QuickBooks Online lays out all the common business tax deductions for you. As you categorize transactions, you'll add to your deductions on the Income tax page. Note: QuickBooks Online Solopreneur automatically categorizes your transactions, making life easier during tax season. You can recategorize any transactions as needed.

Claim your tax deductions: For reference, you can look at our list of self-employed deductions and our common tax guide.

Go to All apps, then Business Tax, then Year-end filing (take me there) to sign up for year-end tax filing within QuickBooks.

Review your year-end checklist to update your books.

Go to Income Tax (take me there) to make sure your transactions and tax mappings are correct.

Obtain financial statements: Balance Sheet and Profit and Loss statements are linked in the year-end filing.

Go to All apps, then Business Tax, then Year-end filing. (Take me there)

Select Start taxes or Continue taxes if you've already started.

Select Sole Proprietorship to file with Schedule C form, then select Continue.

Enter your personal and business information.

Select Add my income the first time you open it. You can select Add more income if you've already started.

Enter your self-employment income and expenses, then select Start. Note: QuickBooks auto-fills your business information. If needed, you can add or update it.

Select Yes, add this income or No, I’ll enter my income for this work manually.

Select Continue. You can also add or update any additional income and expenses.

Check the transferred expenses from QuickBooks. If needed, you can add it manually using your Profit and Loss statements.

Review your income and expenses on your Schedule C tax return. These steps help you export and manage your tax information from QuickBooks to TurboTax.