topic is Turbo Tax for Business a valid Business expense in Deductions & credits

is Turbo Tax for Business a valid Business expense

FS23 — Sat, 13 Mar 2021 00:39:12 GMT

Please advise is TTfor Business a valid Business Expense

Re: is Turbo Tax for Business a valid Business expense

BillM223 — Sat, 13 Mar 2021 00:50:18 GMT

The TurboTax tax software? Yes, of course it is.

What is your business? Schedule C? 1120? 1065?

Re: is Turbo Tax for Business a valid Business expense

FS23 — Sat, 13 Mar 2021 00:53:03 GMT

thank you Bill its professional fees (Schedule C)

Re: is Turbo Tax for Business a valid Business expense

ColeenD3 — Sat, 13 Mar 2021 15:31:26 GMT

The only portion that is deductible on Schedule C is the extra amount over and above what you would pay for Premium, since only the upgrade was needed for Schedule C.

Re: is Turbo Tax for Business a valid Business expense

VolvoGirl — Sat, 13 Mar 2021 15:38:39 GMT

@FS23 Did you buy the separate Turbo Tax Business or Home&Business or pay for the online Self Employed version? You said Turbo Tax Business but then said Schedule C. TT Business does not do Sch C. So I assume you bought the Desktop Home & Business program?

Re: is Turbo Tax for Business a valid Business expense

FS23 — Sat, 13 Mar 2021 17:55:54 GMT

Hi , thank you . yes it was the on line version on home & Business