Self employed

You should report this on your Schedule C as an expense.  IT could go under the Other Expenses section, and write a description like advance transfer or fee transfer.   To enter this in TurboTax:

1. Open or continue your return.
2. Go to Wages & Income
3. Select Edit/Add next to Self-employment income and expenses
4. Select Edit under your business 
5. Select Add Expenses for this work
6. Scroll down to Other miscellaneous expenses, select the box, and Add it
7. The program will take you back to the main expense list, select Start next to Other miscellaneous expenses
8. Enter a description and the amount of the expense.