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?
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?
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?
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?
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 Square terminal can be claimed as a fixed asset under class 50.
‎February 19, 20243:32 PM
You are leaving TurboTax.
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.
Sign In
Canada (English)
EN
