Solved: Under self employment expenses, where do you enter...

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Under self employment expenses, where do you enter in bank fees? I believe last year there was a entry called "interest and bank charges" but I don't see it this year.

 
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Moderator

Under self employment expenses, where do you enter in bank fees? I believe last year there was a entry called "interest and bank charges" but I don't see it this year.

Your Banking Fees can be entered as "Management & Administration Fees". If you are using TurboTax Self-Employed Online, you will make this entry on the page that asks -  "did you pay banking fees or for advice?" Otherwise, enter in the box titled as such. 

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Moderator

Under self employment expenses, where do you enter in bank fees? I believe last year there was a entry called "interest and bank charges" but I don't see it this year.

Which version of TurboTax are you using? And is it installed in your computer by CD/Download, or is it Online?
Highlighted
Moderator

Under self employment expenses, where do you enter in bank fees? I believe last year there was a entry called "interest and bank charges" but I don't see it this year.

Your Banking Fees can be entered as "Management & Administration Fees". If you are using TurboTax Self-Employed Online, you will make this entry on the page that asks -  "did you pay banking fees or for advice?" Otherwise, enter in the box titled as such. 

View solution in original post

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