It seems as if any refunds, or reimbursements, or deposits of checks from insurance reimbursements are being treated as personal income - how do I fix that?


Hello there, @shays101.

As a self-employed, you can categorize transactions that are related to your self-employed job or business under Business Income and Expenses. These transactions will be included in the calculation of your estimated taxes. Let me provide you with some information on how these works in QuickBooks Self-Employed.

When you receive a refund or reimbursement for an expense transaction, it means there’s no actual expense related to your self-employed business or job. Thus, you can’t record it as an income nor claim a deduction for it as a Business Expense

For tracking purposes, you can locate the initial expense transaction and categorize it as Personal Expense. Also, you can exclude the initial expense and the refunded amount to offset the transaction: 

  1. Open the transaction from the Transaction page.
  2. Check Exclude on. 
  3. Click on Save.

For your guidance with the solution above, you can go through this article:  Excluding or deleting transactions.

Alternately, you may consult with an Accountant or a Tax professional. They’ll be able to guide you in categorizing your self-employed business-related transactions.

For additional reference, you can check these articles:

Fill me in if you have other questions about managing your income and expense transactions. I’m always here to help.

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