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01-26-2012, 05:42 AM
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Paypal Fees: Quick Question
When filing taxes, are we able to claim paypal fees as some sort of business expense or something? I've totaled them all up and a lot was taken out within all of the payments I received.
__________________
Harris Independent Writing 
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01-26-2012, 05:51 AM
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I do, but I'm no accountant or tax expert.
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01-26-2012, 07:01 AM
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Yes. I list Paypal fees in the blank and then put in what they took out.
I posted this link a couple weeks ago, but it is a good list of everything you can deduct as a business expense. Business Expense Tax Deductions
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01-26-2012, 07:15 AM
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Quote:
__________________
Harris Independent Writing
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01-26-2012, 07:22 AM
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We have a relation who is a CPA. She handles all of my finances and she allows me to deduct my PayPal fees.
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