Solved: If I hired a company to file a patent, are those fees deductible? I’ve spent roughly $6000 in 2017 on them

If I hired a company to file a patent, are those fees deductible? I’ve spent roughly $6000 in 2017 on them

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You can deduct the legal fees for the filing of a patent as a business expense in the year that the expense is incurred or it can be amortized over the useful life of the patent.

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You can deduct the legal fees for the filing of a patent as a business expense in the year that the expense is incurred or it can be amortized over the useful life of the patent.