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posted Jun 1, 2019 11:49:29 AM

Can I deduct bank fees from a returned check from a customer?

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Level 1
Jun 1, 2019 11:49:30 AM

Yes, you can deduct bank fees as an "other business expense" against your self-employment income.

For more common business deductions, follow this link: Common Business Expenses for Self Employed Persons

1 Replies
Level 1
Jun 1, 2019 11:49:30 AM

Yes, you can deduct bank fees as an "other business expense" against your self-employment income.

For more common business deductions, follow this link: Common Business Expenses for Self Employed Persons