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can i write off bank exspenses, such as cost of monthly bank fees, cashiers checks ect.

monthly bank fees, cashier's checks credit card fees
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MindyB
Expert Alumni

can i write off bank exspenses, such as cost of monthly bank fees, cashiers checks ect.

Yes, if you have a business, this is a business expense.  If not, the expenses are personal and not deductible. 

 

Here's how to add a business expense in TurboTax Online:

  • Navigate to Federal > Wages & Income > Self-employment income and expenses
  • Select or create your eBay business
  • Choose  "Add expenses for this work"
  • Select  "Other miscellaneous expenses" 
  • In the list of expenses, "Other miscellaneous expenses" will now appear.
  • Choose the pencil icon to add your description and the amount

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