turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

vmp_mju
New Member

Are attorneys fees deductible for an Living Trust ?

no
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Are attorneys fees deductible for an Living Trust ?

Legal fees are generally not deductible on a personal 1040 return..

There are two significant exceptions

  • Legal fees are deductible if incurred to determine or collect any tax liability.
  • Legal fees are deductible if the suit is to secure taxable income

For a Living Trust, your legal fees world not be deductible.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies