topic Can I claim last years tax cost? in Deductions & credits

Can I claim last years tax cost?

ready4cash — Mon, 23 Feb 2026 10:05:09 GMT

The last few years after filing & already paying the cost I get something that pops up saying "you may be able to get back last years tax prep cost"

Re: Can I claim last years tax cost?

VolvoGirl — Thu, 26 Jan 2023 23:20:53 GMT

Unless you’re self-employed, tax preparation fees are no longer deductible in tax years 2018 through 2025 due to the Tax Cuts and Jobs Act (TCJA) that Congress signed into law on December 22, 2017. Self-employed taxpayers can still write off their tax prep fees as a business expense.

See this FAQ on deducting tax preparation fees,

https://ttlc.intuit.com/questions/2559402-can-i-claim-tax-prep-fees-as-a-deduction

Re: Can I claim last years tax cost?

ThomasM125 — Thu, 26 Jan 2023 23:22:54 GMT

If you run a business, you can deduct the tax preparation cost of preparing the business tax return. For instance, if you purchase the Home and Business TurboTax product because you need it to prepare a schedule C to report your business income and expenses, you can deduct the additional cost of the tax product from your business income on the schedule C.

If you don't report business income on your tax return, you can not deduct the cost of your TurboTax product on your tax return.