While Turbotax 2020 does not prompt for management and administration fees, however, under self-employed you will see that there is a heading and a box to enter this expense. When logged into your TurboTax account, click on your 2020 tax return on the left-hand side you will see "income". Click on income then scroll down to "self-employed", click on self-employed. When you click on self-employed you will have the option to state whether your self-employed business is a professional, commission, or other business. Select the option which describes your self-employed business, then click continue. The T2125 - Business Statement page will pop up, scroll down to the expenses section. Under the expenses section, you will see the management and administration fee heading.
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