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Fees related to estate planning are deductible only to the extent they relate to the production, or maintenance or the generation of taxable income, or if for tax advice or tax planning.
If you have sought counsel for such matters, you will want to ensure that your invoice is itemized to indicate the cost of deductible services. These fees would qualify as a miscellaneous itemized deduction on Schedule A.
Fees related to estate planning are deductible only to the extent they relate to the production, or maintenance or the generation of taxable income, or if for tax advice or tax planning.
If you have sought counsel for such matters, you will want to ensure that your invoice is itemized to indicate the cost of deductible services. These fees would qualify as a miscellaneous itemized deduction on Schedule A.
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