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cdante7
New Member

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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Kat
Level 15
Level 15

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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1 Reply
Kat
Level 15
Level 15

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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