Solved
Is the legal defense fund policy premium equally $280 I purchased through the Fraternal Order of Police deductible? If so where is the expense entered on my tax filing?
No text available
Legal fees/expenses are generally not deductible on a personal 1040 return.
There are three significant exceptions
· To produce or collect taxable income.
· To determine, contest, pay, or claim a refund of any tax.
· To receive tax advice and tax planning
Based on the above, your legal expense is unfortunately not deductible.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
