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When manually doing expenses, do you put the description and amount for the year or do I do it individually by month/week/day?

For example, internet is something required to do my job, would I put Description: Internet Service Amount: $140 (monthly cost) and insert that 12 times or Amount: $1,680 (yearly cost) and insert once (I'm very new to this, I apologise if it's a silly question, I just want to make sure I do it right)
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2 Replies
MinhT1
Employee Tax Expert

When manually doing expenses, do you put the description and amount for the year or do I do it individually by month/week/day?

When entering your business expenses, you'll enter for each expense category the total amount paid in the tax year. In your example, for Internet expense, you'll enter $1,680.

 

For Miscellaneous expenses, you'll add a brief description of each expense item.

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When manually doing expenses, do you put the description and amount for the year or do I do it individually by month/week/day?

While it may be required to do your job, and personal use items like internet need to be split between personal use and business use, So likely not all of the monthly bill is deductible. 

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