In most cases, no, the cost of tax software is not a deductible expense.
BUT, there are a couple of exceptions:
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.
You can see out great TurboTax article Tax Tip: Deducting Income Tax Preparation Fees and Software Expenses to find more about the Turbo tax preparation fee and who can claim.
Thank you for choosing TurboTax.
azimmerling
New Member
cwcoleman1
New Member
stefanie-brown
New Member
fudgie88
Level 2
shrn
Level 1
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.