topic Can the purchase of a laptop and tax preparation software be deducted on an irrevocable trust tax filing? in Get your taxes done using TurboTax

Can the purchase of a laptop and tax preparation software be deducted on an irrevocable trust tax filing?

taxchat — Wed, 24 Mar 2021 21:27:16 GMT

In order to file 2020 taxes for an irrevocable Trust, we are required to use TurboTax Business, which only runs on a Windows based platform.
We are a Mac-based family, therefore needed to purchase both the laptop and turbotax software to file taxes for the Trust. Big expenses. Can they be deducted in TurboTax Business, and if so where/how?

Re: Can the purchase of a laptop and tax preparation software be deducted on an irrevocable trust tax filing?

NCperson — Wed, 24 Mar 2021 21:30:54 GMT

are you going to use the computer for ANYTHING else?

also, be careful, why was it a requirement to use TT Business? is that stated in the Trust? otherwise, why wasn't it a convenience so that you could avoid paper and pencil?

Re: Can the purchase of a laptop and tax preparation software be deducted on an irrevocable trust tax filing?

taxchat — Thu, 25 Mar 2021 16:13:36 GMT

The laptop will not be used for anything else. Good point on paper vice TT method of filing. Is there a paper method anymore?

Re: Can the purchase of a laptop and tax preparation software be deducted on an irrevocable trust tax filing?

NCperson — Thu, 25 Mar 2021 17:22:07 GMT

https://www.irs.gov/pub/irs-pdf/f1040x.pdf