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Should I enter tax preparation costs under my home business or in the Itemization portion of our taxes?
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Should I enter tax preparation costs under my home business or in the Itemization portion of our taxes?
You can enter a portion of the tax preparation fees paid for both parts of your tax return. You can review the software prices here: https://turbotax.intuit.com/personal-taxes/online/. Use the basic software version price for your Schedule A, itemized personal tax preparation expense. The additional amount paid for the Self-Employed version can be deducted as a business expense under legal and professional fees.
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Should I enter tax preparation costs under my home business or in the Itemization portion of our taxes?
You can enter a portion of the tax preparation fees paid for both parts of your tax return. You can review the software prices here: https://turbotax.intuit.com/personal-taxes/online/. Use the basic software version price for your Schedule A, itemized personal tax preparation expense. The additional amount paid for the Self-Employed version can be deducted as a business expense under legal and professional fees.
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