Track and categorize tax-deductible expenses throughout the year with receipt logging, category summaries, and Schedule C/A alignment.
A running log for deductible expenses: enter each purchase's date, amount, and a category chosen from a list built around Schedule C business-expense lines (or Schedule A for itemized personal deductions), and the tracker keeps a per-category subtotal plus a year-to-date total. What people get wrong most often is treating the category list as an eligibility test - the tool sorts and sums what you type in, it does not judge whether a given expense actually qualifies as deductible under current IRS rules.
A concrete input and expected output from the current implementation.
Input
Office Supplies: $89.50 (3/5), $34.25 (3/18); Software Subscriptions: $59.99 (4/2)
Expected output
Office Supplies subtotal: $123.75. Software Subscriptions subtotal: $59.99. Year-to-date total: $183.74.
The tracker sums entries within each category (89.50 + 34.25 = 123.75) and adds all category subtotals for the running total (123.75 + 59.99 = 183.74).
Each entry gets a date, amount, and a category picked from a preset list modeled on Schedule C expense lines (supplies, vehicle, insurance, office expense) or Schedule A categories (medical, charitable, taxes paid). As you add entries the tracker keeps a running subtotal per category and a combined year-to-date total across all categories.
The tool's own description lists receipt logging alongside the category summaries, so each expense entry appears to support attaching some form of receipt reference in addition to date, amount, and category. The exact fields that entry form captures - and how records are stored between sessions - aren't specified here, so check the tool directly before relying on it as your sole record.
No. It only logs and totals expenses locally; nothing is transmitted or filed. You take the category totals it produces and enter them yourself into tax software or give them to a preparer.
The tool's description mentions receipt logging as a feature but doesn't specify whether that means attaching image uploads, a text reference, or something else - check the entry form in the tool itself to see which it supports, and keep your actual receipt images or paper copies filed separately either way.
The example and behavioral notes were checked against the browser implementation. Standards and primary references below define the relevant format, formula, or platform behavior.
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