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

I have to relocate for my job. Am I only allowed to deduct moving expenses if I buy a home in my new location?

Can you deduct moving expenses only if you buy a home in a new location? How about renting an apartment? Get answers from the tax experts at H&R Block.

What should I do if my deductions exceed income earned?

Learn what to do if your deductions exceed your income with advice from the tax experts at H&R Block.

I bought a new car in 2017. When I used it for business, I was paid a mileage reimbursement. Can I still clai

Can you claim a depreciation credit if you have been given a mileage reimbursement? Learn more from the tax experts at H&R Block.

I had a balance due for my federal and state 2016 taxes. I paid both balances in 2017. Can I clai

If you had a balance due for your federal and state taxes last year, can you deduct what you had to pay on this years taxes? Learn more from the tax e