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buddy1123-
March 3, 2024
Question

Can we deduct the fees that were charged to us for tax preperation and finanical advice ? If we can how would we do it in Turbo Tax?

  • March 3, 2024
  • 1 reply
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    1 reply

    TurboTaxSusan
    TurboTaxSusan
    March 3, 2024

    You can claim accounting and financial advice expenses if you have investment, rental, or self-employment income. Commission employees can claim accounting fees. Regular employees can only claim accounting fees in rare cases, when they are used to collect or establish a right to collect salary or wages..

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