When I upload my expenses, why is only a percentage of it accepted?

Forum|Forum|3 years ago
July 18, 2022
1 reply
2 views

When I upload my expenses, why is only a percentage of it accepted? For example, if I am already reporting 30% of my phone bill, it still takes a fraction of that 30% instead of the full 30%. Same with advertising expenses.

QuickBooks Self-Employed

Morgan_B

QuickBooks Team

Good morning, gemjo.

Thanks for reaching out to the Community for support. I want to make sure you're able to see the full expense amounts in your QuickBooks Self-Employed account.

To make sure I'm able to give you the best info, I'd just like to clarify how the expenses are being uploaded to your account. Are the expense transactions coming from a bank connection, are they being uploaded via receipt photo, or are the expenses manually entered?

Please let me know which method you're using and I'll be here to lend a hand.

gemjoAuthor

They're manually entered

Morgan_B

QuickBooks Team

Thanks for letting me know, gemjo.

It sounds like only a portion of the expenses entered are actually counting toward your self-employed tax deductions. I recommend checking out the following article for more info about how QuickBooks Self-Employed tracks self-employment taxes.

You may also want to consider speaking with an accountant about the best way to categorize these expenses for your business. If you don't currently have one, you can find a local accountant with a quick search on the ProAdvisor site.

Don't hesitate to reach back out if you have any other questions!

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