Deductions & credits


@SusanY1 wrote:

 

 

However, if the suit is against the federal government or a claim under section 1862(b)(3)(A) of the Social Security Act, then it is an above the line deduction - this exception is found in Pub 525, page 32.

 


Section 1862(b)(3)(A) is only one of many.   §62(e)  (Unlawful discrimination defined)  lists 18 other sections that apply (including age discrimination in employment).

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**