Question

I do my own taxes and want to know if there is a tax preparation deduction . Am I able to deduct tax software that I purchase to complete my tax returns?

Answer

You may be able to deduct tax software. Tax preparation software is a miscellaneous itemized deduction. To take the tax preparation deduction, both of these must apply:

  • You itemize your deductions.
  • Your deductions total more than 2% of your adjusted gross income (AGI).

Related Topics

Related Resources

Online Tax Return – Filing Your Tax Return Online

Interested in filing your tax return online? Start here for online tax return tips and what you need to know about filing taxes online from H&R Block.

College Student Tax Credit

Learn more college student tax credits from the tax experts at H&R Block.

Spouse Owes Back Taxes

Learn how your spouse owing back taxes may impact your federal tax return from the tax experts at H&R Block.

529 Tax Deductions & End-of-Year Savings Options

As end-of-year approaches, taxes owed can become a major headache. Plan ahead by considering 529 Tax Deductions and other end-of-year savings options.