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June 1, 2019
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I paid a tax company 180.00 last year to do my taxes. Where was that deducted?

  • June 1, 2019
  • 1 reply
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Best answer by xmasbaby0

Tax prep fees are miscellaneous deductions, and only the amount that is over 2% of your adjusted gross income counts toward your itemized deductions.  So unless you have a lot of other miscellaneous deductions, it won't end up making a difference in your tax due or refund.

If you need to enter your tax preparation fees go to Federal>Deductions and Credits>Other Deductions and Credits>Tax Preparation Fees and click Start.


1 reply

xmasbaby0Answer
Employee
June 1, 2019

Tax prep fees are miscellaneous deductions, and only the amount that is over 2% of your adjusted gross income counts toward your itemized deductions.  So unless you have a lot of other miscellaneous deductions, it won't end up making a difference in your tax due or refund.

If you need to enter your tax preparation fees go to Federal>Deductions and Credits>Other Deductions and Credits>Tax Preparation Fees and click Start.


**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**