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Searching: "Hi, I'm using Tubo Tax 2016 Hm & Business as I have for the past 20 yrs. How do I carry forward LARGE 2011 legal fees as deductions on my 2016 return?
Do I need to also update any part of my 2011 return in order to carry forward these large legal fees? Are there additional forms that I need to "Carry Forward for this 2016 Deduction"?
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June 6, 2019
4:36 AM
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After you file
Your question was cut off in the title. Could you please provide additional details?
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June 6, 2019
4:36 AM
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After you file
Legal fees, to the extent they are associated with producing taxable income, are deductible in the year paid. There is no carryforward.
June 6, 2019
4:36 AM
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After you file
It is too late to amend 2011 for a retund. That window of opportunity has closed.
June 6, 2019
4:36 AM