PeterM
New Member

Get your taxes done using TurboTax

You don't have to, but you definitely want to deduct those fees. Those fees will will reduce the amount income that you have to pay tax on. If you don't deduct them, you'll likely pay more in taxes. Included the income and all the expenses, including these fess, on your Schedule C, Business Income and Expenses.

Here is the path to follow to get these expenses recorded in Turbo Tax...

  1. Click the Business tab
  2. Click the Business Income & Expenses tab, the click the I'll Choose What I Work On button
  3. Under the Business Income and Expenses heading, click the Profit or Loss from Business start button
  4. From here Turbo Tax will guide you through the process of entering your income and expenses
I have included a screenshot below to help you.

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