Babak
Level 3

My client leased a car under the name of his business (schedule C). I entered all expenses under "Direct Expense" but the lease payments don't show up in Schedule C, only Gas and Insurance are showing in Schedule C. How can I make changes so around 8000 lease payment is deducted from the income?

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TaxGuyBill
Level 15

You've looked at line 20a of Schedule C, right?

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Babak
Level 3

yes

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George4Tacks
Level 15

What part of the program are you entering these expenses? 

Are you using the 2106 and linking it to Schedule C? 

https://proconnect.intuit.com/support/en-us/help-article/electronic-filing/enter-vehicle-expenses-sc...

 


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