Categorize entertainment expenses in QuickBooks Self-Employed
by Intuit•4• Updated 10 months ago
Learn how to handle entertainment expenses.
If you spent money entertaining business clients or associates, you should record and categorize the expenses in QuickBooks Self-Employed.
As of 2018, the IRS decided expenses for entertaining clients, prospects, or business associates are no longer tax-deductible. Even if they aren't deductible, you should always add them to QuickBooks so you get a complete view of your self-employed finances.
Here are some examples of non-deductible entertainment expenses.
- Events like sports games, shows, plays, and concerts
- Sports like golf, tennis, or bowling
- Outdoor activities like hunting, fishing, rafting, or skiing
- Year-end parties for customers or business associates
Learn more about expense and Schedule C categories in QuickBooks Self-Employed.
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