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.

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.