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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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DanO
New Member

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.

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3 Replies
DanO
New Member

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.

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?

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.
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