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Updated about 5 years ago,

Account Closed
106
Votes |
127
Posts

Purchasing Tax Software - Business or Personal purchase

Account Closed
Posted

I currently have a single investment property that was in full use for 2019 that was in an LLC. I will be doing my own taxes as I have for the past 10+ years and will be using TurboTax as the software. My question is the following: Is the cost of purchasing the tax software a business expense or a personal expense?

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