Can I deduct the tax preparation fees I paid to Jackson Hewitt?

Tax preparation fees, such as those paid to Jackson Hewitt, can be a topic of interest for many individuals when it comes to potential deductions. However, it is important to note that, for most taxpayers, the deduction for tax preparation fees has been suspended for tax years 2018 through 2025 due to changes made in the Tax Cuts and Jobs Act. This means that the majority of taxpayers cannot deduct the fees associated with tax preparation services, including those provided by Jackson Hewitt, when filing their federal tax returns during this period. That said, some specific circumstances could potentially allow for the deduction of these fees for certain individuals, such as self-employed individuals or business owners, who may be able to claim tax preparation fees as a business expense on their Schedule C. For the most accurate and personalized advice, it is advisable to consult with a tax professional or refer to the current web page for up-to-date information and resources that may help clarify your specific situation regarding tax preparation fees and deductions.