To claim these fees in TurboTax, you can make a negative adjustment on Schedule 1.
- Go to Wages & Income
- Less Common Income
- Select Miscellaneous Income, 1099-A, 1099-C
- Select Other Reportable Income
- Any Other Taxable Income? Select, yes.
- On the Other Taxable Income page: enter description: “Deductible Attorney Fees”
Amount: enter in the adjustment amount as a negative number.
This adjustment will appear on Schedule 1 Line 8z (reducing Total Income) and is included on the amount on Form 1040 Line 9.
While this entry will report the adjustment on Schedule 1 Line 8z instead of Line 14h, the TurboTax treatment has been approved by the IRS.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
