I use credit card t pay for tools and supplies, quick books only show credit card payment and categorized as "Payment", how do I show those expenses for deductions?

Hi, alexa.

I'm here to assist you in categorizing correctly your credit card expense for tools and supplies.

QuickBooks Self-Employed (QBSE) depends upon the information the linked bank account provides when it categorizes the imported transactions. Since QBSE shows your transactions as Payments, you need to categorize them under the appropriate expense categories. Here's how:

1. In your QBSE account, go to Transactions.
2. Find the transaction that represents the purchase of tools and supplies.
3. From the Category and Tags column, click on the category link and edit the category of the transaction.
4. Choose a more appropriate category that best describes the expense for tools and supplies.

In addition, let me add this article about attaching receipts to your expenses to help prepare your tax returns: Record or attach expense receipts in QuickBooks Self-Employed.

Let us know if you have further questions about categorizing transactions in QBSE. We're always here to help. Happy Holidays!