jtax
Level 10

Deductions & credits


[note: the fact that we do not render legal guidance or opinions, does not mean some of us are not lawyers]

 

 


That is true. But I would also caution that saying one is not rendering legal or tax advice is not dispositive of whether one is in fact giving such advice. The general rule I recall is  whether an objective person seeks and receives advice that applies law (e.g. the I.R.C. or Treasury Regs) to particular facts such that a reasonable person would rely on the advice.

 

There is a very good argument that every time someone one this site says you can deduct that or include or exclude that income, etc. that is legal advice because it is applying the tax law to a particular case. And that the OP is of course going to rely on that. That's why they posted. On the other hand saying here is a publication or the rules and having the OP make the determination doesn't seem to fit that bill.

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