1897730
You'll need to sign in or create an account to connect with an expert.
No, that is no longer a deduction.
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.
Prior to 2018, taxpayers who weren’t self-employed were allowed to claim tax prep fees as a 2% miscellaneous deduction. However, few taxpayers were able to take advantage of this deduction due to the restrictive conditions of the 2% rule.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
RD94043
Level 1
boriserl2
New Member
bbkeen
New Member
pjgrudt
New Member
robtinlau
New Member