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June 6, 2019
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Can the cost of an attorney be deducted if used for preservation of income?

  • June 6, 2019
  • 1 reply
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Best answer by MinhT1

This used to be deductible as a miscellaneous itemized deduction subject to the 2% of AGI floor.

The Tax Cuts and Jobs Act has eliminated this deduction for tax years 2018 to 2025.

1 reply

MinhT1Answer
June 6, 2019

This used to be deductible as a miscellaneous itemized deduction subject to the 2% of AGI floor.

The Tax Cuts and Jobs Act has eliminated this deduction for tax years 2018 to 2025.

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1dingleeAuthor
June 6, 2019
Thank you for you quick response. You are correct except in a few cases. publication 529 pg. 5 about 75% down left column indicates mine is deductible. But Turbo Tax won`t use it. How can I deduct it?