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Level 1
posted Oct 15, 2021 10:10:06 AM

Business Expenses - If one would otherwise qualify for 'TurboTax Free Edition', is 'TurboTax Home and Business' fully-deductible as a Business Expense?

From another thread: "Yes, you can deduct the difference you paid between the version you would normally get and the TurboTax Self-Employed version [as a business expense]".

 

If one, save for business income, would be using 'TurboTax Free Edition' or another free method of filing, can the good-faith argument be made that the total amount paid for "TurboTax Home and Business"/"TurboTax Self-Employed" is deductible?

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1 Replies
Level 15
Oct 15, 2021 11:42:11 AM

Yes it is a cost of doing business.