I Did Taxes for Multiple People - Can I Use the Total Cost of TurboTax Online in the Tax preparation box?

[erica28]

Last year I prepared taxes for multiple people and purchased each person a copy of TurboTax Online. Can I input the total cost of TurboTax in the "Tax preparation fee" box? 

Thank you.

[MarilynG1 · Accepted solution]

If you purchased TurboTax for other people, you 'gifted' them the program.

You can't claim the cost on your personal return as a 'tax preparation expense' for other people, only your cost for yourself, if you itemize deductions on Schedule A. 

Unless you are reporting a tax prep business on Schedule C, then you could report what you spent on software as a business expense.