Solved
I paid $4,000 to timeshare exit team to get out of our timeshare legally. Can I deduct this?
No text available
If you rented the timeshare as a business, you can deduct this expense as a loss on your investment.
If your timeshare was for personal use only, you cannot deduct costs associated with exiting a timeshare.
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
