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Get your taxes done using TurboTax
@parmharg Where are you entering the fees? As Business expenses on schedule C or a itemized deduction on Schedule A?
Tax preparation fees are no longer deductible on Schedule A from 2018 to 2025.
https://ttlc.intuit.com/community/credits-and-deductions/help/can-i-claim-tax-prep-fees-as-a-deducti...
But when it was deductible it wasn't worth even putting in. It is a Misc Deduction and only the amount OVER 2% of your AGI is deductible. And then all your deductions have to be more than the Standard Deduction to give you any benefit. You can only deduct the actual fees not the extra Refund Processing Service charge you paid if you selected the option to have the fees deducted from your federal refund.
March 17, 2025
10:47 AM