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How to deduct monthly software fees?
There is a lot of software and services that I pay monthly for that I only use for my business. For example Photoshop, Premiere Pro, and TubeBuddy. Do I have to enter a separate entry for each month for deductions, or can I add the entire cost I spent on each product for the year? Photoshop is $9.99 a month or $119.88 is how much I paid for the whole year. Also would this be an office expense or miscellaneous?
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‎April 16, 2022
7:40 AM