Solved
Are legal fees still deductible for 2018?
Are legal fees for defense deductible for 2018?
No, they are not. Most of them are gone.
With the new tax reform TCJA, Congress eliminates the entire section of miscellaneous itemized deductions subject to 2% of your AGI including the legal fees. Prior to the 2017 Act, you could deduct legal fees that were greater than 2% of your adjusted gross income as a miscellaneous expense. However, not anymore after 2017. There are still some legal fees might qualify for a deduction against your gross income like discrimination or Trade & Business related but they do not apply to you.
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
