Enter your business expenses for the tax year so NTB can review and properly categorize them for your Schedule C.
๐จ IMPORTANT โ READ BEFORE ENTERING EXPENSES
Enter the actual amounts you paid or incurred for your business.
Do not guess, inflate, duplicate, or add personal expenses just to increase your deductions.
An amount entered here is NOT automatically deductible.
NTB will review your information and supporting documentation before determining how an expense should be treated on your tax return.
๐ฒ PROOF IS REQUIRED THROUGH TAXES TO GO
You will need to upload supporting documentation through your NTB Taxes To Go account.
This may include receipts, invoices, statements, mileage records, payment records, insurance statements, lease agreements, tax bills, loan-interest statements, or other documentation supporting the expense.
Do not send sensitive tax documents through Facebook, Instagram, text messages, or this public website.
๐ VEHICLE / CAR & TRUCK
Complete this section if you used a vehicle for business. Vehicle deductions have additional recordkeeping requirements.
Business miles
Enter business miles driven during the tax year.
Total miles driven
Business + commuting + personal miles.
Gas / fuel
Vehicle repairs / maintenance
Vehicle insurance
Vehicle registration / tags
Vehicle lease payments
Vehicle loan interest โ business portion
๐ SCHEDULE C BUSINESS EXPENSES
Enter the total amount paid or incurred for each category during the tax year. Enter 0 if the category does not apply.
Advertising
Social media ads, flyers, websites, business cards, promotional advertising, etc.
Commissions & fees
Business commissions, platform fees, processing fees and similar fees.
Contract labor
Payments to independent contractors for business services.
Depletion
Depreciation / Section 179
Business property or equipment that may require depreciation/Form 4562.
Employee benefit programs
Insurance โ other than health
Business liability, professional liability, property, etc.
Mortgage interest โ business
Other business interest
Interest on business loans, credit lines, etc.
Legal & professional services
Attorney, accountant, bookkeeper, tax professional, consultant, etc.
Office expense
Office-related expenses and postage.
Pension / profit-sharing plans
Rent / lease โ vehicles, machinery & equipment
Rent / lease โ other business property
Office, storefront, studio, warehouse, etc.
Repairs & maintenance
Supplies
Business supplies that are not inventory/COGS.
Taxes & licenses
Business licenses, qualifying business taxes, certain business property taxes, etc.
Business travel
Qualifying business travel away from your tax home.
Business meals
Enter the amount you actually paid for qualifying business meals before NTB reviews the deductible portion.
Utilities
Business electricity, gas, water, internet, qualifying telephone expenses, etc.
Wages
Wages paid to employees. Do not include payments to yourself.
Energy-efficient commercial building deduction
๐ฆ COST OF GOODS SOLD / INVENTORY
Complete this section if your business sells products, merchandise, or goods where inventory/COGS applies.
Beginning inventory
Purchases
Purchases for resale, after applicable adjustments.
Cost of labor
Do not include amounts paid to yourself.
Materials & supplies
Other COGS costs
Ending inventory
๐ BUSINESS USE OF HOME
Complete this section only if you used part of your home for business and believe the home-office rules may apply.
Rent / mortgage-related housing expense
Property taxes
Homeowners / renters insurance
Utilities
Repairs / maintenance
Other home expenses
๐ OTHER BUSINESS EXPENSES
Add expenses that don't fit into the categories above. Describe exactly what the expense was for.
Other expense #1
Example: software subscription
Other expense #2
Other expense #3
Other expense #4
Other expense #5
Total Expenses Entered
$0.00
๐ฒ BEFORE YOU SUBMIT
Make sure you have documentation supporting the expenses you entered.
NTB may request additional documentation and may adjust, reclassify, reduce, or remove an expense if it does not meet the applicable tax requirements or cannot be adequately supported.
All supporting proof must be uploaded through Taxes To Go.