I hired a CPA to do my estimated quarterly taxes (just for Q4) at the end of 2016 but I paid the invoice for the service in 2017. Can I deduct this from my 2016 taxes?

longhornarch · ‎June 4, 2019

IsabellaG · ‎June 4, 2019

No, you'll have to wait and deduct that on your 2017 return. Cash basis taxpayers claim their expenses when they pay them (and report their income in the year that they receive payments).

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IsabellaG · ‎June 4, 2019

No, you'll have to wait and deduct that on your 2017 return. Cash basis taxpayers claim their expenses when they pay them (and report their income in the year that they receive payments).

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I hired a CPA to do my estimated quarterly taxes (just for Q4) at the end of 2016 but I paid the invoice for the service in 2017. Can I deduct this from my 2016 taxes?