Are payments made in a civil lawsuit to compensate a plaintiff for actual damages or harm caused by the defendant's action generally deductible?

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No. If you had to pay someone because you harmed them, your payment is not deductible, nor are your 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.**

Can I deduct expenses for travel (hotel, travel, meals, rental car) from W-2 income from an internship if I was not compensated for said travel, and how?

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Are payments made in a civil lawsuit to compensate a plaintiff for actual damages or harm caused by the defendant's action generally deductible?

Are payments made in a civil lawsuit to compensate a plaintiff for actual damages or harm caused by the defendant's action generally deductible?

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Are payments made in a civil lawsuit to compensate a plaintiff for actual damages or harm caused by the defendant's action generally deductible?

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Are payments made in a civil lawsuit to compensate a plaintiff for actual damages or harm caused by the defendant's action generally deductible?

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