Hi, I am wondering if I can claim transaction processing fees, such as Paypal or Stripe fees? If yes, where does this fall under the expenses to input the info?
Hi, I am wondering if I can claim transaction processing fees, such as Paypal or Stripe fees? If yes, where does this fall under the expenses to input the info?
As per CRA, you can claim interest and bank charges, if you are a business on your T2125 line 8871. For further information, we recommend to contact directly CRA at 1-800-959-7383.
I cannot find in the online turbotax self employed business expenses area anywhere to put this. There is no "Management and Administration fees" section in expenses. I was able to do this last year 2022.