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Deductions & credits
If you don't have a business (Schedule C) the cost for tax preparation is not a deduction. You need the Schedule C as part of the equation to determine the business deduction for tax preparation. As @DawnC explains, if your tax prep cost without the business is $100 and with the business is $170, then the business deduction would be $70.
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March 20, 2023
1:20 PM