Where can I deduct for allowable legal fees?

lisa11321 · ‎July 3, 2024

Where can I deduct for legal fees for lawsuit?

xmasbaby0 · ‎July 3, 2024

LEGAL FEES

https://turbotax.intuit.com/tax-tips/tax-deductions-and-credits/can-i-deduct-legal-fees-on-my-taxes/...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

rjs · ‎July 3, 2024

If the legal fees are for an unlawful discrimination claim or an IRS whistleblower award the deduction can only be entered in the CD/Download TurboTax software, not in TurboTax Online. If your legal fees are for one of those situations, post back here and I will give you detailed instructions for entering the deduction. In either case, note that the deduction cannot be more than the amount of the award that you are reporting as income.

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Where can I deduct for allowable legal fees?