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Is the cost of my Turbotax package (110.00) deductible on my return?
As if Turbotax acts as an advisor in return for payment.
April 26, 2024
8:26 AM
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Getting started
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 Tax Tips article.
Thank you for choosing TurboTax!
April 26, 2024
10:39 AM