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mishtycalcreatio
Level 1

What category does business insurance fall into?

 
1 REPLY 1
MariaSoledadG
QuickBooks Team

What category does business insurance fall into?

Let me share some information about the business insurance category that you can use, mishtycalcreatio.

 

A typical business insurance policy will cover several types of coverage. The cost of these types of insurance is deductible business expenses. QuickBooks Self-Employed (QBSE) is compliant with the SA103F deduction categories that you can claim as allowable expenses. You'll want to reach out to your accountant for the correct category that you'll have to use for business insurance. Please check this article for more reference: About SA103F Categories.

 

To give you more overview about QuickBooks Self-Employed, you might consider reading these article: 

Feel free to let me know if you have any other concerns with QBSE. The Community is always here 24/7 to assist you.

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