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brettalanchamber
Level 1

How do I categorize event fees for weekend festivals and markets?

 
1 Comment 1
IamjuViel
QuickBooks Team

How do I categorize event fees for weekend festivals and markets?

You've come to the right place, @brettalanchamber.

 

All of the basic expenses necessary to run a self-employed business are generally tax-deductible. This includes the fees and some other miscellaneous expenses you've paid to events you've attended that are related to your self-employed job or business. You can categorize it under Schedule C: Other business expenses.

 

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You can browse this article for a more comprehensive list of Schedule C categories available in QuickBooks Self-Employed: QuickBooks Self-Employed Schedule C Categories breakdown.

 

Also,  I'd recommend consulting with your accountant so you'll be guided accurately categorizing taxable income and expense transactions. 

 

Please don't hesitate to leave a reply below to keep me posted if you have other questions about managing your transactions in QuickBooks Self-Employed. Thanks!

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