turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

avo
Level 3

Do i need each line item for business expenses?

i have a spreadsheet that keeps all the various expenses for each category. eg. for advertising, i'll have a line expense for business cards, a line for FB ads, flyers etc. the same for each category, like supplies, other misc etc. 

so the question is, do i have to enter each of the line item in turbo tax when i fill out the Expenses? or can i just enter one line for each expense category with the lump sum? 

thanks in advance!

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
WillK
Intuit Alumni

Do i need each line item for business expenses?

You would enter in one lump sum for each category ie.add all your advertising in one lump sum, your accounting, etc...

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
avo
Level 3

Do i need each line item for business expenses?

great. thanks! i have everything detailed in my spreadsheet anyway. and i didn't think anyone looks at  my data entered into turbo tax since what IRS gets are just the final forms.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies