Hi. I have multiple excels for 2017 that I need some help with. They are excels of all transactions I have had on paaypal, fiverr, freelancer. I have listed all transactions with codes next to them. The idea is I need to determine the total amount for 2017 that are additional business expenses.
I have to declare taxes in two countries. My company in Chile is Native Teachers. I live in the US so I have to declare taxes also in the US. I have to determine which of these expenses should be incorporate into the Chilean company tax declaration, and which should only be applied to the US declaration. Any personal business like my writing business or income that is not related to my Chilean business would be US only tax declaration. But, I am not sure if there is much of that this year. Mostly the idea is to organize these excels, and determine the total of expenses and income that needs to be incorporated into my Chilean tax declaration.
In Chile, I have a balance for my company already, but all of these excels are additional income / expenses that have not yet been added into my accounting for Chile. I need to see your work - that is, organized excels, grouping all of these expenses or income into categories. And final totals, total amount of extra income and extra expenses that needs to be added to Chilean company account and any other income or expenses relevant for US taxes. Attached are the excels. Thanks.
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