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New Member
posted Mar 2, 2024 6:36:33 PM

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?

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Moderator
Mar 3, 2024 10:42:17 AM

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..