attorney fired from firm but has expenses closing cases
An attorney was fired from a law firm but was required to finish the work on a few cases he had started. Can he deduct his expenses on a schedule C even though there is no income. Took about six weeks to close the cases.
01361
1 Replies
Bsch4477
Level 15
Mar 30, 2025 4:03:26 PM
No. A business is an activity carried on for the production of income. Sounds like that is not your situation.