Do transaction fees, listing fees, renewal fees, ads etc from etsy have to be broken out as such with their specific amounts in turbotax or can they be lumped together?

[ejbersano]

Etsy doesn't sum up each one for you they are listed under "Your Bill" in etsy so I'm wondering if I have to go in and add up all of my transaction fees and expense those seperately from listing fees, renewal fees, ads etc..

[Marketstar · Accepted solution]

You should break out each expenses separately if practical in the Miscellaneous expense category.

If not practical, you can lump them together as one expense although I would enter "ads" in the Advertising category.

[ejbersano]

Very helpful! Thanks so much.

[Marketstar]

Your welcome , and thanks for choosing TurboTax!