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New Member
posted Jun 8, 2023 4:45:09 PM

How can I enter an amount for line 8871 management and admin fees on a self employment return?

None of the questions for business expenses seem to allow for the entry of this line.

1 3 971
3 Replies
New Member
Mar 27, 2024 9:25:19 AM

no one has an answer for this? I was able to claim this last year 2022, but there is no where I can find to input this in the 2023 turbotax

Moderator
Mar 27, 2024 9:42:12 AM

"Management and Administration fees" is called "Banking Fees" in TurboTax Self-Employed Online 2023.

New Member
Apr 28, 2024 11:32:54 AM

:(I have the same question. Someone else said it's called "Banking Fees" this year, but I have Admin fees that aren't banking related. I stuck it under "Misc." 
I found TT really hard to use this year. Not impressed. 

 

Edit: I enabled the "live help" option and received a call back almost immediately. The rep who helped me and reviewed my return was great. Hopefully, TT will make the software a little more intuitive again next year.