Re: Accounting Fees deductible?

<superprimenova@xxxxxxxxx> wrote in message
news:1143705078.213422.254010@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
I itemized this year and I heard you can deduct accounting fees off
your income. But is it true that in order to do so the accounting fees
by itself need to exceed 2% of your AGI?

Tax preparation along with many other expenses fall under
the miscellaneous expenses subject to 2% of AGI.

http://www.irs.gov/instructions/i1040sa/ar01.html#d0e1701


.

Relevant Pages

  • Re: Accounting Fees deductible?
    ... your income. ... But is it true that in order to do so the accounting fees ... It's a miscellaneous itemized deduction on line 22 of Schedule A. The total ... of these deductions is reduced by 2% of AGI. ...
    (misc.taxes)
  • Accounting Fees deductible?
    ... I itemized this year and I heard you can deduct accounting fees off ... your income. ... by itself need to exceed 2% of your AGI? ...
    (misc.taxes)
  • Re: An announcement
    ... Here are what people at various income levels paid in federal income ... The top 1% of taxpayers (AGI greater than $328,049) paid an average ...
    (alt.vacation.las-vegas)
  • Re: An announcement
    ... Here are what people at various income levels paid in federal income ... The top 1% of taxpayers (AGI greater than $328,049) paid an average ...
    (alt.vacation.las-vegas)
  • Re: Very OT: Economic Stimulus Package Date Question
    ... Last two digits, lowest first. ... The stimulus payments begin to phase out after $75k AGI (adjusted gross income) for a single, $150k AGI for married, filing jointly. ...
    (rec.food.cooking)