Skip to main content
Level 1
June 6, 2019
Solved

Where do i deduct tax preparation fees

  • June 6, 2019
  • 1 reply
  • 25 views
I cant find how much turbo tax charged last year for tax preparation fee
Best answer by xmasbaby0

Tax prep fees are miscellaneous deductions, and only the amount that is over 2% of your adjusted gross income counts toward your itemized deductions.  So unless you have a lot of other miscellaneous deductions, it won't end up making a difference in your tax due or refund.

To find them:  Sign on to your account, click your Account & choose Orders; on Review Orders click view details;

If you need to enter your tax preparation fees go to Federal>Deductions and Credits>Other Deductions and Credits>Tax Preparation Fees and click Start.

1 reply

xmasbaby0Level 15Answer
Level 15
June 6, 2019

Tax prep fees are miscellaneous deductions, and only the amount that is over 2% of your adjusted gross income counts toward your itemized deductions.  So unless you have a lot of other miscellaneous deductions, it won't end up making a difference in your tax due or refund.

To find them:  Sign on to your account, click your Account & choose Orders; on Review Orders click view details;

If you need to enter your tax preparation fees go to Federal>Deductions and Credits>Other Deductions and Credits>Tax Preparation Fees and click Start.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**