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June 21, 2019
Question

Allowable expenses

  • June 21, 2019
  • 1 reply
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How does Quickbooks determine what are allowable expenses? 

 

I have some purchases that show up on my tax summary as allowable but then others that are for similar or the same purpose ie business insurance policies and they have been classed a disallowable?

 

Is there an article on what is allowable and how to override Quickbooks if they have incorrectly marked it as disallowable? Sorry I have looked but can't find a clear answer.

 

 

1 reply

June 21, 2019

Hello NL14,

 

Welcome to the Community - thank you for your question!

 

Could you please go to Taxes > Tax profile and check how many hours you have in your 'work from home' section?

 

Are you using the Rent/Utilities/Insurance category?

 

Can I also confirm if you have the mileage tracker turned on?

 

Please also find attached an article on what each category is for: https://quickbooks.intuit.com/community/Taxes-and-Year-End/About-SA103F-Categories/m-p/239287

 

Thanks,

 

Talia