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For cash income for a small business do I need to input every single transaction line by line or just the total income?
First year as a small business owner and trying to figure out taxes. I use quickbooks for my bookkeeping and, amazingly, it doesn't sync with turbotax so I have to input all income manually.
When reporting cash income (all of my income) do I report it one transaction at a time or do I input the total?
When reporting cash income (all of my income) do I report it one transaction at a time or do I input the total?
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‎February 18, 2021
3:51 PM