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

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

I filed chapter 13 bankruptcy and paid legal fees for filing the paperwork?

I paid a company $500 to fill out paperwork for me filing BK 13 and $1500 to an attorney-can I deduct any of this.  I rented the house out 1 month to try to keep the home.
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.

2 Replies
TomK
Expert Alumni

I filed chapter 13 bankruptcy and paid legal fees for filing the paperwork?

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

There are three significant exceptions
•    To produce or collect income that must be included in your gross income,
•    To manage, conserve, or maintain property held for producing such income, or
•    To determine, contest, pay, or claim a refund of any tax.

To deduct legal fees, you must itemize deductions on Schedule A, and the sum total of your miscellaneous deductions including your legal fees must exceed 2% of your Adjusted Gross Income.

Given the above limitations you may not be able to benefit from your legal expenses.


gem777
New Member

I filed chapter 13 bankruptcy and paid legal fees for filing the paperwork?

can I deduct bK 13 filing fees paid to them and the trustee monthly payments made to them for 2019

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question