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.
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