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Best answer by bwa

Legal fees are generally not deductible. There are two significant exceptions

  • Legal fees are deductible if incurred to determine or collect any tax liability.
  • Legal fees are deductible if the suit is to secure taxable income.

Because of those criteria, your legal fees would not be deductible.


1 reply

bwaAnswer
Employee
June 6, 2019

Legal fees are generally not deductible. There are two significant exceptions

  • Legal fees are deductible if incurred to determine or collect any tax liability.
  • Legal fees are deductible if the suit is to secure taxable income.

Because of those criteria, your legal fees would not be deductible.