in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
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Yes, you may enter these type of purchases under any reasonable business expense category found under "Other Common Expenses" (see screenshot #1 below - click to enlarge).
Office Expenses is one choice, or you can enter a custom description under Other Miscellaneous Expenses (screenshot #2).
Note:
If you enter a general business expense
in the wrong category, it will not affect your taxes. Just be sure you don't
enter the same expense twice.
Yes, you may enter these type of purchases under any reasonable business expense category found under "Other Common Expenses" (see screenshot #1 below - click to enlarge).
Office Expenses is one choice, or you can enter a custom description under Other Miscellaneous Expenses (screenshot #2).
Note:
If you enter a general business expense
in the wrong category, it will not affect your taxes. Just be sure you don't
enter the same expense twice.
The comment that if you put expenses in the wrong category it won't affect your taxes, just don't enter them twice. So no flags will be raised if a larger $ appears let's say in utilities versus Other or Office expenses?
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