Skip to main content
B
benmiftari
March 14, 2021
Question

What category does education or professional development fall under?

  • March 14, 2021
  • 2 replies
  • 0 views
Original commenter did not share additional details

    2 replies

    C
    Charies_M
    March 14, 2021

     

    Thanks for posting here, benmiftari.

     

    I'd like to share some helpful information about categories in QuickBooks Self-Employed (QBSE).

     

    While we're not able to provide which category to use for a specific transaction, allow me to share a list of categories that you can choose from. 

     

    For the list of categories that best fit for education or professional development, please refer to these articles:

    Given all the information, I'd still recommend consulting an accountant to help and guide how to record these transactions. Your accountant can provide more expert advice in dealing with this concern.

     

    If you need additional references for future tasks, you can check out these helpful links: 

    The Community is always open if you have other questions about categorizing transactions. I'll be around to help. Wishing you a great day ahead!

    B
    benmiftariAuthor
    April 14, 2021

    Hi, this reply is pretty weak. My question arose because I read a Quickbooks article that specifically states that education and professional development are deductible. However, your system does not have a category for it. So in replying with a “we don’t give tax advice” is so weak and way off brand. So explain to me the solution to this dilemma that Quickbooks itself has created? Riddle me that.

      F
      FAB07
      August 4, 2021

      I was able to find a sub-category for "Continuing Education" under "General Business Expenses"

        C
        Charies_M
        March 17, 2021

        Hi, benmiftari.


        Hope you’re doing great. I wanted to see how everything is going about categorizing educational or professional development that you had the other day. Was it resolved? Do you need any additional help or clarification? If you do, just let me know. I’d be happy to help you at any time.


        Looking forward to your reply. Have a pleasant day ahead!

        A
        AesthA
        March 23, 2021

        Hello

        I am looking for the answer to how to categorize education and professional development on my QB. Can anyone help me with this?

          JoesemM
          JoesemM
          March 23, 2021

          Thanks for joining this thread, @AesthA.

           

          As mentioned by my colleague, we're unable to provide accounting advice such as telling what category to use in your transactions. In that way, I'd suggest contacting your account to ensure the accuracy of your books.

           

          You can also visit the Find-a-ProAdvisor website and look for an accountant or bookkeeper within your area that can help and advise you about accounting matters. All you need to do is click on the envelope icon from their profile to send them a message.

           

          Here are the detailed steps:

           

          1. Open this link: https://quickbooks.intuit.com/find-an-accountant/.
          2. Select what types of experts you want by checking the boxes beside the available options.
          3. Enter your city or zip code from the field provided, then click Search.
          4. Tap on the message icon under the Offers Free Consultation button to message the expert.

           

          Once done, provide the list of categories to your accountant, so they have a better picture of what best for education or professional development. Also, the categories in QBSE are patterned after the Schedule C categories provided by the IRS. This way, we can ensure your transactions are accurate in the program. 

           

          Then the chosen category may appear on your Schedule C-related reports in the software. These are Profit & Loss, Tax Summary, or Tax Details report. To learn more about where to locate them during tax time, visit this article: Schedule C Categories Breakdown And Their Related Reports. 

           

          Do you have other questions in mind? Feel free to leave them below and I'll make sure to get back to you as quickly as I can.

           

          Terms & ConditionsAccessibility statement