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 for getting a divorce. But you may be able to deduct legal fees paid for tax advice in connection with a divorce and legal fees to get alimony. In addition, you may be able to deduct fees you pay to appraisers, actuaries, and accountants for services in determining your correct tax or in helping to get alimony. " Check the link below for more details about which fees may be deductible. Good luck! :-)
johnny star at Yahoo! Answers Visit the source
Other answers
None
nosouix
None of it. Litigation for a Divorce is non-deductible. It is a personal expense and therefore, non-deductible. Period. However, if "Alimony" is part of the divorce decree, it is deductible to the person paying it, as long as the person receiving it reports it as income. If child support is decreed, it is neither deductible or reportable.
bold4bs
Only the part, if any, that's specifically stated as being for tax advice.
Judy
Related Q & A:
- What are the legal issues of cloning?Best solution by Yahoo! Answers
- What part of the saddle does the synch attach to on a western saddle?Best solution by Yahoo! Answers
- What part of the Louvre Palace is the Louvre Museum?Best solution by Yahoo! Answers
- What is so great about marriage and divorce?
- What part of Patagonia would you recommend for visiting in June?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.