Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 26, 2024 1:54:12 PM

Are Turbo Tax fees eligible as deduction claims

0 1 2314
1 Replies
Intuit Alumni
Apr 26, 2024 1:59:59 PM

Accounting fees and the cost of income tax preparation software are only deductible in certain situations:

  • You have self-employment income or rental income from a property
  • You are an employee who receives Commission remuneration, and you have a completed T2200 Declaration of Conditions of Employment from your employer

For more details, please see our TurboTax article: Tax Tip: Deducting Income Tax Preparation Fees and Software Expenses

 

Thank you for choosing TurboTax.