I just purchased TurboTax business for 2019. Should I claim it as an expense on my 2019 taxes or 2020?
You'll need to sign in or create an account to connect with an expert.
Since it was purchased in 2020 it would be entered as a business expense on your 2020 tax return.
Since it was purchased in 2020 it would be entered as a business expense on your 2020 tax return.
What expense category would this go into?
You can categorize this as an Office Expense.
@peter941 wrote:
What expense category would this go into?
Miscellaneous expense
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
LizaJane
Level 3
captmdismail
Returning Member
mroman2013
Level 2
taxbadlo
Level 1
slogan96
New Member