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theslayor
New Member

How do I input legal expenses in TurboTax to properly report them on Form 1040, Schedule 1, line 24(i)?

I already spoke with customer assistance and was told I needed a 'tax expert', which I do not. I know exactly where these expenses should be reported and just need to know how to input them in TurboTax to get them there.
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2 Replies

How do I input legal expenses in TurboTax to properly report them on Form 1040, Schedule 1, line 24(i)?

Federal>Deductions and Credits>Other Deductions and Credits>Legal Fees

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
theslayor
New Member

How do I input legal expenses in TurboTax to properly report them on Form 1040, Schedule 1, line 24(i)?

That is a good suggestion, but incorrect.  That results in my subset of legal expenses being non-deductible, when they are deductible pursuant to Sec. 62(a)(21)(A)(i).

 

I added them as a negative “other income” and described its offset in the provided box.

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