turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

slicodia
New Member

Hi! Where can I deduct my tax preparation fees within my State credits? (I read it is no longer deductible from federal, but it is for New York state). Thank you!

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
JotikaT2
Employee Tax Expert

Hi! Where can I deduct my tax preparation fees within my State credits? (I read it is no longer deductible from federal, but it is for New York state). Thank you!

You are correct.  New York does allow you to itemize your deductions for tax preparation fees under Miscellaneous Deductions.  There is still a limit of only deducting the fees that exceed 2% of your Adjusted Gross Income.  

 

New York Itemized deductions allowed

 

You will enter these items in the Federal section of the program.  The entries here will pull into your state return and allow you to include them in your itemized deductions on your state return assuming you are able to itemize.

  1. Go to Deductions & credits 
  2. Scroll down to All tax breaks
  3.  Scroll down to Other Deductions and Credits
  4. Select start to the right of Tax Preparation Fees
  5. Proceed to enter your information here.

Tax prep fees input

 

You will need to enter any other itemized deductions in the Deductions & Credits section as well to have them flow through to your New York tax return.

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
slicodia
New Member

Hi! Where can I deduct my tax preparation fees within my State credits? (I read it is no longer deductible from federal, but it is for New York state). Thank you!

Thanks so much for the clear answer!

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies