Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
jweickholt13
New Member

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?

 
1 Best answer

Accepted Solutions
Marketstar
Level 7

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?

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.


View solution in original post

1 Reply
Marketstar
Level 7

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?

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.


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~