topic Very helpful! Thanks so much. in Get your taxes done using TurboTax

Do transaction fees, listing fees, renewal fees, ads etc from etsy have to be broken out as such with their specific amounts in turbotax or can they be lumped together?

ejbersano — Wed, 05 Jun 2019 00:27:05 GMT

Etsy doesn't sum up each one for you they are listed under "Your Bill" in etsy so I'm wondering if I have to go in and add up all of my transaction fees and expense those seperately from listing fees, renewal fees, ads etc..

You should break out each expenses separately if practica...

Marketstar — Wed, 05 Jun 2019 00:27:06 GMT

You should break out each expenses separately if practical in the Miscellaneous expense category.

If not practical, you can lump them together as one expense although I would enter "ads" in the Advertising category.

Very helpful! Thanks so much.

ejbersano — Wed, 05 Jun 2019 00:27:07 GMT

Very helpful! Thanks so much.

Your welcome , and thanks for choosing TurboTax!

Marketstar — Wed, 05 Jun 2019 00:27:09 GMT

Your welcome , and thanks for choosing TurboTax!