Find out if you're eligible for a deduction
Money can help you determine which business expenses you can deduct on your Schedule C tax form.
  1. Click Taxes, click Tax Tools, and then click Tax Line Manager.
  2. In the left pane, under Common tasks, click Go to Schedule C setup.
  3. Click an expense category.

    Expense categories marked Included are currently designated as deductible and will be included in your Schedule C reports.

  4. At the bottom of the page, click Deduction.
  5. Follow the instructions on the screen.

Based on your answers, Money determines if you are eligible for the deduction and marks the category as Included in or Excluded from your Schedule C reports.

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