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If the lump sum settlement for my long term disability is taxable as income, are the attorney fees deductible?
I'm already aware I have to pay taxes, but the attorney fees were 33% of the settlement and I had to pay back the insurance company for SS disability I received. By the time I was done there was almost nothing left to live on. Can I at least deduct the attorney fees?
‎June 5, 2019
5:07 PM