- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I entered my "Tax Prep Fees" that I pay for TurboTax on that section in "Expenses." But now I'm seeing "TaxPrepFees" again in "Other deductions." Should I enter it again?
Or do I have to delete it from the "Expenses" section and enter it on the "Other Deductions and Credits" sectión? Does it matter? I am filing as a Self-Employed LLC owner.
Topics:
posted
June 1, 2019
9:43 AM
last updated
June 01, 2019
9:43 AM
Connect with an expert
Do you have an Intuit account?
You'll need to sign in or create an account to connect with an expert.
1 Best answer
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I entered my "Tax Prep Fees" that I pay for TurboTax on that section in "Expenses." But now I'm seeing "TaxPrepFees" again in "Other deductions." Should I enter it again?
Just report it in Expenses and this will be a full business deduction as opposed to a Schedule A itemized deduction.
June 1, 2019
9:43 AM
3 Replies
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I entered my "Tax Prep Fees" that I pay for TurboTax on that section in "Expenses." But now I'm seeing "TaxPrepFees" again in "Other deductions." Should I enter it again?
Just report it in Expenses and this will be a full business deduction as opposed to a Schedule A itemized deduction.
June 1, 2019
9:43 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I entered my "Tax Prep Fees" that I pay for TurboTax on that section in "Expenses." But now I'm seeing "TaxPrepFees" again in "Other deductions." Should I enter it again?
A live expert recommended me to enter both amounts again on "Other Deductions and Credits" and I'm a little confused. Does it matter? Could I be in trouble for entering those amounts both in the "Expenses" section and in the "Other Deduction and Credits" section?
June 1, 2019
9:43 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I entered my "Tax Prep Fees" that I pay for TurboTax on that section in "Expenses." But now I'm seeing "TaxPrepFees" again in "Other deductions." Should I enter it again?
Only enter anything in only one place. Only enter it once.
June 1, 2019
9:43 AM
Still have questions?
Make a post