Learn what we updated with expense categories.
We renamed existing expense categories and created new ones in QuickBooks Self-Employed based on your feedback. We didn't delete any categories, but we did rename them so they're easier to identify. We also applied these changes to your past expenses so your categories are consistent. This should help you organize your expenses more accurately.
See how categories changed
Expense categories in QuickBooks Self-Employed are based on IRS Schedule C categories. Each time you categorize a transaction, QuickBooks matches it to a line on your Schedule C. When it's time to file your taxes, you'll be ready to go. Learn more about Schedule C categories.
Assets
Computers | New name: Computers (asset, usually > $200)
Copiers | New name: Copiers (asset, usually > $200)
Furniture | New name: Furniture (asset, usually > $200)
Phone equipment | New name: Phone (asset, usually > $200)
Photo/Video equipment | New name: Photo/video equipment (> $200)
Software package/suite | New name: Apps/software/web services (> $200)
Tools/equipment | New name: Other tools and equipment (> $200)
Business income
Business Income | New name: Income
Car and truck
Car & Truck | New name: Other vehicle expenses
Auto Insurance | New name: Vehicle insurance
Auto Loan | New name: Vehicle loan interes
tAuto Repairs | New name: Vehicle repairs
Registration | New name: Vehicle registration
Comissions and fees
Commissions & Fees | New name: Other commissions and fees
Healthcare
HSA Contribution | New name: Health Savings Account contribution
Home office expenses
Home Office Mortgage Interest | New name: Mortgage interest (home office)
Home Office Home/Rental Insurance | New name: Homeowner/rental insurance
Home Office Rent & Lease | New name: Rent and lease (home office)
Home Office Repairs & Maintenance | New name: Repairs and maintenance (home office)
Home Office Property Tax | New name: Property tax (home office)
Home Office Utilities | New name: Utilities (home office)
Home Office Other Expenses | New name: Other home office expenses
Interest paid
Interest Paid | New name: Other interest
Business Loan | New name: Business loan interest
Business Mortgage | New name: Mortgage interest
Supplies
Materials & Supplies | New name: Supplies
Office expenses
Office Expenses | New name: Office supplies/postage
Personal deposit
Owner's Deposit | New name: Personal deposit
Personal withdrawal
Owner's Withdrawal | New name: Personal withdrawal
Taxes and licenses
Taxes & Licenses | New name: Other taxes
Business Property Tax | New name: Property tax
Travel
Travel | New name: Travel expenses