Non Deductible expenses - PSI

Modified on: Sat, 14 Aug, 2021 at 9:03 PM

Question: I have a tax return with PSI. How do i allocate the non deductible expenses from the business section to PSI

Solution:

Add a tag "Personal Service Income" from the Settings>Chart of Accounts - Classification section.

Note: PSI section does not have fields for non-deductible expenses. Both fields should include only deductible expenses.

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