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

Filing Taxes in Two States

Moving or working across state lines can mean filing taxes in two states. Learn what this means for your taxes from the experts at H&R Block.

Deducting Medical Expenses For Pets

Discover if you can deduct medical expenses for your pets with guidance from the tax experts at H&R Block.

New York State (NYS) Tax

Are you a wage earner in New York state? If so, listen up! Learn more about NY state tax with help from the tax pros at H&R Block.

Can You Deduct Child Support?

Can you deduct child support payments from your taxes? Learn more from the tax experts at H&R Block.