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January 3, 2025
Question

How can I add my bank account to see what can be deducted for self-employment work?

  • January 3, 2025
  • 3 replies
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    3 replies

    January 3, 2025

    Please explain what you are trying to do.   Why do you think adding your bank account will show you what you can deduct for business expenses on a Schedule C?   You can add your banking information in the FILE section for your direct deposit.   You cannot "add" your bank account in order to put in your business expenses.  Those need to be keyed in by hand.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    AmyC
    January 13, 2025

    You can't add your bank account. You will need to determine which expenses are for your business and which are personal. See What self-employed expenses can I deduct?  along with the IRS Deducting Expenses.

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    VolvoGirl
    January 13, 2025

    Several years ago they did have an Expense Finder but that was discontinued.