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37489246
Returning Member

When to claim tax software expense?

I just purchased TurboTax business for 2019. Should I claim it as an expense on my 2019 taxes or 2020?

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When to claim tax software expense?

Since it was purchased in 2020 it would be entered as a business expense on your 2020 tax return.

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4 Replies

When to claim tax software expense?

Since it was purchased in 2020 it would be entered as a business expense on your 2020 tax return.

When to claim tax software expense?

What expense category would this go into?

JohnW152
Employee Tax Expert

When to claim tax software expense?

@peter941

You can categorize this as an Office Expense.

When to claim tax software expense?


@peter941 wrote:

What expense category would this go into?


Miscellaneous expense 

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