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Deductions & credits
To be more specific: I'm Using Turbo tax Home and Business 2022. Please follow on with me in the software I'm in the Business Income and Expenses Section. Any Miscellaneous Expenses section which reads: Examples include: Then under See More Examples: it is written
- Tax return software (business portion)
** I am retired from the U.S. Navy, retired from Civil Service, collect Social Security and have a business that sells articles on the internet. I don't make any money, always a loss! Two years ago I was told when I spoke with a Turbo Tax Professional on the phone to put down $40.00 under the description area. This year I paid $120.00 for Turbo Tax Home and Business.**
I expect that when the software tells me the "Business Portion" is deductible, that it is. It is Turbo Tax Software. How much do I put in the description for the Business Portion?