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February 20, 2022
Question

Are "management and administration fees" still a legitimate business expense? I couldn't find this category this year on turbotax.

  • February 20, 2022
  • 1 reply
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Are "management and administration fees" a legitimate business expense?

    1 reply

    TurboTaxSusan
    February 22, 2022

    Yes, you can still claim management and administration fees as an expense. In the expenses section of the Self-Employment part of the interview, there is a box called "How much did you pay for Banking and Other fees? You can put your management and administration fees there.