As per our TurboTax article: Tax Tip: Deducting Income Tax Preparation Fees and Software Expenses Accounting fees and the cost of tax prep software are only tax-deductible in a few situations: If you’re self-employed or earned rental income, accounting and tax prep software expenses are considered eligible business/rental deductions. Commission employees may claim accounting fees and the cost of tax prep software as employment expenses. As with other employment expenses, have your employer complete and sign a Form T2200, Declaration of Conditions of Employment.If your tax return is re-assessed and you consult a professional accountant for advice, those fees may be deductible in certain cases. Thank you for choosing TurboTax.

Question

Can I deduct the cost of doing my taxes

Forum|Forum|3 years ago
February 21, 2023
1 reply
0 views

No text available

G

GHarpe

As per our TurboTax article: Tax Tip: Deducting Income Tax Preparation Fees and Software Expenses Accounting fees and the cost of tax prep software are only tax-deductible in a few situations:

If you’re self-employed or earned rental income, accounting and tax prep software expenses are considered eligible business/rental deductions.
Commission employees may claim accounting fees and the cost of tax prep software as employment expenses. As with other employment expenses, have your employer complete and sign a Form T2200, Declaration of Conditions of Employment.

If your tax return is re-assessed and you consult a professional accountant for advice, those fees may be deductible in certain cases.

Thank you for choosing TurboTax.