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You can find the section to add your Tax Prep Fees by doing the following:
Please keep in mind that although tax preparation fees are an allowable deduction, most taxpayers are unable to take advantage of it.
The reason? To get the deduction, you need to:
Even then, you're only allowed to deduct the miscellaneous expenses above and beyond 2% of your AGI – not the full amount.
You can find the section to add your Tax Prep Fees by doing the following:
Please keep in mind that although tax preparation fees are an allowable deduction, most taxpayers are unable to take advantage of it.
The reason? To get the deduction, you need to:
Even then, you're only allowed to deduct the miscellaneous expenses above and beyond 2% of your AGI – not the full amount.
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