You'll need to sign in or create an account to connect with an expert.
No, if you don't own a business, you can't deduct the cost of tax prep or tax prep software, at least not on your federal return. The Qualified Business Income (QBI) is based on net income, not deductions, so this isn't related to any deduction.
But you can get a QBI deduction even if you aren't self-employed. In addition to business income, the following are eligible for the QBI deductions:
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
margarita75
New Member
timtheis
Level 1
Anel
Returning Member
chenjing
New Member
lucentmove
New Member
Did the information on this page answer your question?
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.