How can i find fees i paid to square for 2019

dwinfield33-yaho — Tue, 11 Aug 2020 08:46:53 GMT

Re: How can i find fees i paid to square for 2019

xmasbaby0 — Tue, 11 Aug 2020 12:41:39 GMT

Guess you would have to check with "Square" to find that. TurboTax has no way to find that out for you.

Re: How can i find fees i paid to square for 2019

Critter-3 — Tue, 11 Aug 2020 12:54:27 GMT

Ok ... we use square in our business and the amount sent to the bank account is less the fees so you have no reason to deduct fees that were never included in the income to start with.

So say you take in $100 and the fee is $5 and the square puts only $95 in the bank ... so you will only report the $95 income and no fee expenses. OR ( if this is better for you or more inline with your bookkeeping methods) you can report $100 in income and $5 in fee expenses. Either method is allowed but you must be consistent.

topic How can i find fees i paid to square for 2019 in Get your taxes done using TurboTax

How can i find fees i paid to square for 2019

Re: How can i find fees i paid to square for 2019

Re: How can i find fees i paid to square for 2019