Deduct the cost of TurboTax software

[TheWisdom]

Can I deduct the cost of the TurboTax software on Schedule C? I'm self-employed.

[DawnC]

Yes, you can prorate the cost and deduct the business portion of the cost on Schedule C.   Any reasonable method can be used to determine the percentage business use.  

Generally, you cannot deduct personal, living, or family expenses. However, if you have an expense for something that is used partly for business and partly for personal purposes, divide the total cost between the business and personal parts. You can deduct the business part.

[TheWisdom]

Thank you for the detailed answer!

[Kate-D]

Where on Schedule C?

[TheWisdom]

27 a:
Other expenses