Tax deduction for Legal Fees?
Let’s learn tax deduction for Legal Fees. The most accurate or helpful solution is served by Yahoo! Answers.
There are ten answers to this question.
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I totally forgot I leased a car last year and have already submitted my taxes. They've already been accepted, I can't change it, but I looked at my lease and I paid about $300 in licensing fees when I leased the car here in California. Is it worth trying to redo them now? Should I just amend next year? How much do people actually get back from those licensing fees?
Answer:
You can't declare 2011 expenses on your 2012 tax return. If you want to declare them you must amend...
Justin N at Yahoo! Answers Mark as irrelevant Undo
Other solutions
I got divorced last year and paid for all the legal fees totaling about 3000. Do you get a deduction for that? I seem to remember (or want to remember) someone saying something about it. I live in Ohio if this makes a difference.
Answer:
You can only deduct legal fees if it had something to do with your finances. For instance, you can deduct...
sabla at Yahoo! Answers Mark as irrelevant Undo
You cannot claim the tuition and fees deduction if any of the following apply: "Another person can claim an exemption for you as a dependent on his or her tax return. You cannot take the deduction even if the other person does not actually claim...
Answer:
Each year stands on it's own. The tuition deduction can only be claimed in the year you pay tuition...
cars at Yahoo! Answers Mark as irrelevant Undo
I had student fees that according to: http://www.irs.gov/publications/p970/ch0… are tax deductible. My question is this: I paid my fees for the Winter 2010 quarter (starts in January) in December of 2009. Do I take this deduction in 2010 taxes...
Answer:
You take the detuction in the tax year when they are paid. So the ones that were paid in January 20...
Michael at Yahoo! Answers Mark as irrelevant Undo
The school also provides me with a stipend because they employ me as a teaching assistant. I must pay the fees to be actively enrolled and include the student activity fee, bus fee, and maintenance fees for the student union and another student group...
Answer:
I think that's covered in "and related expenses" described on the page I'm linking to. _
Clara at Yahoo! Answers Mark as irrelevant Undo
I am a non U.S. citizen who is a resident of State of Indiana for Tax purposes. Am I eligible for tuition and fees tax deduction? ( this is my 7th year in the states and 5th year working in the states)
Answer:
According to the Tax Code, if you are considered a non-resident alien for any part of the year then...
lapallel... at Yahoo! Answers Mark as irrelevant Undo
I am working in a service station,and I am just wondering what I can use my education expenses such as my tertiary school fee,so I wont get taxed that much. So, I am thinking that I am gonna put my education expenses as my tax deduction ? Can I do that...
Answer:
You can only claim your tertiary fees if the course has something to do with your job. Eg If your course...
speedy at Yahoo! Answers Mark as irrelevant Undo
I recently undertook a course and have taken out a VET FEE-HELP loan to cover the cost. My employer has offered to repay my FEE-HELP debt and although he hasn't yet, will put all the repayments down on my PAYG Payment Summary as Reportable Fringe Benefits...
Answer:
Yes You are doing work and study incurring fees. The fees are incurred in a separate part of your life...
Minty_01 at Yahoo! Answers Mark as irrelevant Undo
I joined ICFAI Universities MCA course and paid nearly 50 thousand rupees. Will this be eligible for Income tax deduction? Thanks.
Muralidhar M at Yahoo! Answers Mark as irrelevant Undo
Book fees receipt is also available separately along with tution fees.
Arasan at Yahoo! Answers Mark as irrelevant Undo
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