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Level 3
posted Jun 1, 2019 9:43:23 AM

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.

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1 Best answer
New Member
Jun 1, 2019 9:43:25 AM

Just report it in Expenses and this will be a full business deduction as opposed to a Schedule A itemized deduction.

3 Replies
New Member
Jun 1, 2019 9:43:25 AM

Just report it in Expenses and this will be a full business deduction as opposed to a Schedule A itemized deduction.

Level 3
Jun 1, 2019 9:43:27 AM

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?

Level 15
Jun 1, 2019 9:43:28 AM

Only enter anything in only one place.  Only enter it once.