Are tax preparation fees deductible?

A recent change in the IRS rules now disallow the deduction for tax preparation fees as a personal itemized deduction on Schedule A. However, you can still claim tax preparation fees associated with filling out your business tax forms. These include: Schedule C, Form 8829, Form 4562 Schedule 1040SE and Form 3115. Ask your tax preparer to break out the cost of filling out these forms. Note: Not all providers will have to fill out all of these forms each year.