Are legal fees for attorney tax deductible?

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Tax deductible attorney fees?

What type of attorney / legal fees are considered tax deductible? Thanks!

Answer:

Attorney's fees may be deductible if they are directly related to the production of income. For example...

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Other solutions

Are attorney fees for estate work tax deductible for the deceased's widow?

Spouse died in 2006. Are attorney fees for setting up the trust documents, retitling assets to trusts, meeting with the PR, POA and Trustee tax deductible for the survivor?

Answer:

The estate gets the deduction.

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Are attorney's fees tax deductible?

I was recently awarded a settlement, from which my attorney was also paid. Can I deduct these attorney's fees from my taxes?

Answer:

Depends on the service they provided. If its business related, then you can deduct the fees on the business...

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Are attorney fees tax deductible?

I was married to Someone in the military and resided in the state of Texas. My ex husband filed for our divorce in Texas although I had relocated to the state of Nevada and became a legal resident during this time. Texas had jurisdiction over our divorce...

Answer:

You can take an itemized deduction for the legal fees that were paid to try to collect alimony because...

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What does "Plaintiff's Motion for Summary Judgement Including a Hearing to Tax Attorney's Fees and Costs" mean?

A friend of mine got a legal notice which states, "Plaintiff's Motion for Summary Judgement Including a Hearing to Tax Attorney's Fees and Costs". Anyone know what this means?

Answer:

It means the plaitiff has made his or her case and defendant has no Defense if you are the defendant...

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Are attorney fees deductible on the tax return?

Answer:

If as part of an endeavor to make income, yes, like any other business expense. If for criminal, divorce...

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Are bankruptcy attorney fees deductible on the tax return?

Answer:

No, but you may accidentally have come up with a new meaning for "chutzpah."

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Are criminal attorney fees tax deductible?

Answer:

According to Lawyers.com, criminal attorney fees are generally not tax-deductible. To claim a deduction...

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Are the fees paid to an attorney to modify a home loan tax deductible?

Answer:

No. If you can pay an attorney why can't you pay the mortgage?

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What part of legal/attorney fees for divorce litigation are tax-deductable??

Answer:

Hello, Johnny! According to IRS Publication 504: "You cannot deduct legal fees and court costs...

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