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How specific do i need to be when entering expenses. For advertising, do i need to make 40+ entries or just one entry for the whole amount?
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How specific do i need to be when entering expenses. For advertising, do i need to make 40+ entries or just one entry for the whole amount?
You can enter the total you spent for advertising during the year. But keep your records to validate the total should the IRS ever request those records.
*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
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How specific do i need to be when entering expenses. For advertising, do i need to make 40+ entries or just one entry for the whole amount?
You can enter the total you spent for advertising during the year. But keep your records to validate the total should the IRS ever request those records.
*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***