I got reimbursed for legal fees that were spent reviewing an agreement with a solar farm next to my property. This showed as Misc. income. Can I also deduct this fee?
There is no improvement on my property - the legal document spells out restrictions - such as building large structures that would block the sunlight.
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1 Replies
Vanessa A
Expert Alumni
Feb 21, 2023 4:04:17 PM
No, this would be a personal expense. Personal legal fees are not tax deductible under current tax law.