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What is Deduction Finder and how does it work?
What is Deduction Finder and how does it work?
Updated over a week ago

Deduction Finder uses artificial intelligence to scan your expenses to help you find the ones that are likely deductible for your specific business. You can scan your expenses at any time to help you find new deductions. 

To use Deduction Finder, first make sure your bank/credit card is linked for expenses. If you haven’t linked your accounts yet, just follow the steps here

After linking your account, follow these steps:

  1. Go to the Expenses tab and tap the “Scan Now” button. If you have already used the deduction finder, tap the gear icon and click on "Find Deductions".

  2. Deduction Finder will pop up and scan your expenses.

  3. First review your Very Likely expenses. You can select all by selecting the checkbox at the top or select the checkboxes next to the individual expenses you’d like to tag. Then tap the “Tag as Business” or “Tag as Personal” buttons at the top to tag them.

  4. Once you’ve tagged the Very Likely expenses, tap “Next” in the top right corner and repeat the same process for the “Not Likely” expenses.

  5. Tap “Done” in the top right corner and Deduction Finder will let you know how many expenses were tagged.

  6. You can tag your other transactions in the Expenses tab.

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