Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 17, 2021 2:28:54 PM

Am I suppose to list a general description for the expense or am I suppose to use the exact item name for the expense? I have receipts for everything.

I am an entertainer. I have receipts for every single business expense I have. I don't understand how I am suppose to list my expenses. Do I make a general category and add all of those items in that category up or do I list the specific name of each item and the cost individually? Does it matter?

Example:
Costumes $100

Or

Medieval Corset $100

0 2 642
2 Replies
Level 15
Feb 17, 2021 2:39:23 PM

You can group them, for example “supplies”. 

Expert Alumni
Feb 17, 2021 2:44:37 PM

First, use the expense categories in the program.  For items that don't fit in one of those categories, use general categories, but not too general.  In your example, Costumes would be sufficient.   I would not list and give a description of each costume.