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JR94
New Member

If i paid for / identity theft protection, is that deductible

 
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MinhT
Expert Alumni

If i paid for / identity theft protection, is that deductible

The cost of identity theft protection is a personal expense and is not tax deductible.

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4 Replies
MinhT
Expert Alumni

If i paid for / identity theft protection, is that deductible

The cost of identity theft protection is a personal expense and is not tax deductible.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

If i paid for / identity theft protection, is that deductible

Is that also the case for Schedule C?
anmadamm2
New Member

If i paid for / identity theft protection, is that deductible

What if I get one of my employee's identity theft protection as a "fringe" benefit?

ee-ea
Level 15

If i paid for / identity theft protection, is that deductible

@anmadamm2 

Deduct on Schedule C,  Line 14, Employee benefit programs.

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