You'll need to sign in or create an account to connect with an expert.
Yes, you can deduct the tax preparation fee in two different ways.
Assuming you are using the cash method of accounting, your expenses will be deductible in the year the actual payment is made.
For more information on accounting periods and methods, please visit this IRS publication: https://www.irs.gov/publications/p538
https://ttlc.intuit.com/replies/4186196
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
biggxj
Level 1
crash12_mn
Level 3
Dee4817
Level 3
Lizl896403
New Member
caaumen
Returning Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.