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

Missouri State Tax

Do you earn an income in Missorui? Learn more about Missouri state and income tax, with help from the tax pros at H&R Block.

Massachusetts Property Tax

Do you own real property in Massachusetts? Learn more about Massachusetts property tax and associated tax rates, with help from the tax pros at H&R Block.

Child Tax Credit

Learn more about the child tax credit, income phase out rules and claiming additional credits with the tax experts at H&R Block.

Was your tax return rejected due to your stimulus registration?

Taxpayers with rejected e-file returns due to stimulus payments need to follow special steps. Find out what to do from the tax experts at H&R Block.