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March 9, 2020
Solved

When to claim tax software expense?

  • March 9, 2020
  • 1 reply
  • 0 views

I just purchased TurboTax business for 2019. Should I claim it as an expense on my 2019 taxes or 2020?

Best answer by DoninGA

Since it was purchased in 2020 it would be entered as a business expense on your 2020 tax return.

1 reply

DoninGA
DoninGAAnswer
Employee
March 9, 2020

Since it was purchased in 2020 it would be entered as a business expense on your 2020 tax return.

April 13, 2021

What expense category would this go into?

April 13, 2021

@peter941

You can categorize this as an Office Expense.