Question

Are payments to Turbo Tax for preparation of the tax filing tax deductible?

Forum|Forum|6 years ago
March 14, 2020
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TurboTax Deluxe Online

The IRS says:

Tax preparation fees on the return for the year in which you pay them are a miscellaneous itemized deduction and can no longer be deducted. These fees include the cost of tax preparation software programs and tax publications. They also include any fee you paid for electronic filing of your return.

Please read page 5 of this IRS publication.

However, if the fees are for a business return, they can be deducted as a business expense.

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