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New Member
posted Oct 31, 2019 3:49:35 AM

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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1 Best answer
Level 15
Oct 31, 2019 3:49:37 AM

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. 

2 Replies
Level 15
Oct 31, 2019 3:49:36 AM

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

Level 15
Oct 31, 2019 3:49:37 AM

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.