https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-deduct-legal-fees-for-foreclosure/01/656387#M85857 Thu, 06 Jun 2019 09:11:16 GMT carynkate 2019-06-06T09:11:16Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-deduct-legal-fees-for-foreclosure/01/656387#M85857 Thu, 06 Jun 2019 09:11:16 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-deduct-legal-fees-for-foreclosure/01/656387#M85857 carynkate 2019-06-06T09:11:16Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/legal-fees-are-generally-not-deductible-there-are-two-si/01/656390#M85858 <P></P><P> </P><P>Legal fees are generally not deductible. There are two significant exceptions</P> <UL> <LI>Legal fees are deductible if incurred to determine or collect any tax liability.</LI> <LI>Legal fees are deductible if the suit is to secure taxable income.</LI> </UL> <P>Because of those criteria, your legal fees would not be deductible.</P> <P></P><BR /> Thu, 06 Jun 2019 09:11:18 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/legal-fees-are-generally-not-deductible-there-are-two-si/01/656390#M85858 bwa 2019-06-06T09:11:18Z