RMT here. 2023 was my 1st year renting a space so I had expenses for equipment. Are square terminals and sheets considered fixed assets? How do I go about inputting?

The expense for the bed sheets can go under Line 8811 – Office stationery and supplies, which is for items the business used to provide goods or services.

The Square terminal would depend - did you buy it or are you renting it?

Ok thank you! Yes, I bought the square terminal.

The Square terminal can be claimed as a fixed asset under class 50.