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April 28, 2022
Question

Where do i put the expense for turbotax?

  • April 28, 2022
  • 1 reply
  • 0 views
what Line do I use to show turbotax expense?

    1 reply

    TurboTaxSusan
    May 12, 2022

    Accounting fees and the cost of tax prep software are only tax-deductible in a few situations:

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

    Visit the Canada Revenue Agency’s Line 23200 – Legal Fees web page for details.

    If you are self-employed or have rental income, you can enter your fees for TurboTax under office supplies.