We've built a cool feature that will help identify potential tax deductions based on your income source!
"Deduction Finder" is available to users with an active Premium subscription that have also selected "Self-Employed 1099" as their "Work Status".
Please follow the instructions below to activate this feature.
Step 1: Click on the round icon in the top right-hand corner of the screen.
Step 2: Select "Work Status".
Step 3: Tap "Self-Employed 1099" to select this option and tap the "Save" button.
Step 4: Select "Done" and let's navigate to the "Transactions" page.
Step 5: Tap the "Deduction Finder" summary at the top of the page to review the potential deductions.
Step 6: If you wish to remove a transaction from this list then tap "Remove" to delete the transaction.
Step 7: Finally, tap "Mark all deductions as "Work" and make a selection from the list that appears to classify these deductions to a single Purpose/category.