Can we deduct payments

lanzapropertiesl · ‎March 10, 2022

HelenC12 · ‎March 10, 2022

Please clarify. What payments are you referring to?

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lanzapropertiesl · ‎March 10, 2022

Sorry that wasn’t the full question. The full question was can we deduct payments made to a CPA for tax preparation in 2021?

DavidD66 · ‎March 10, 2022

No, not unless you are self-employed or a business owner. If you are self-employed or a business owner, you can deduct the portion of the fee that is business relate. If you are an employee and your income is reported on a W-2, then there is currently no deduction for tax preparation fees.

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Can we deduct payments