"Joe" <Joe[at]rocketmail.com> wrote in message
news:gq10lf$q1k$1[at]news.motzarella.org...
- quote -

That depends on your accounting method:
Cash-basis accounting: When you PAY it.
Accrual accounting: When it is invoiced to you.

- quote -


Note that not all individuals are cash-basis. However, if the OP wasn't,
he wouldn't be asking the question.

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I know income tax preparation is deductable, but my question is about when
it is deductable; when it is billed, or when it is paid.

I was billed last May for my 2007 tax return, but I have not paid it. (on my
lawyer's advice, don't ask...)
Presumably I can't deduct it off my 2008 return since I didn't pay anything;
if I pay it in 2009 can I deduct it off my 2009 return?


========================================= MODERATOR'S COMMENT:
Assuming like just about every individual taxpayer you are on the
cash method of accounting, the deduction is taken in the year you paid it.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >