PatriciaV
Expert Alumni

Get your taxes done using TurboTax

@tctlogisticsllc

Factoring Fees are reported for an S-Corp in a similar category as Schedule C.

 

In TurboTax Business, this deduction is entered under Federal Taxes >> Deductions >> All other expenses, using a custom description for the amount.

 

NoteIf you enter a general business expense in the wrong category, it will not affect your taxes. Just be sure you don't enter the same expense twice.

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