I had an insurance claim and I paid 20% of the insurance claim to the public adjuster. Is this amount tax deductible? If yes, where can I enter the amount?

[MinhT · Accepted solution]

If the insurance claim is for your business, then the fee paid to the adjuster is deductible as a business expense under Legal and professional fees.

If the insurance claim is for something for your personal use (house or car), then the fee is not deductible.

[carlrmorin]

reply was in 2019, has this been updated so that it can be deducted as a fee or miscellanious?

[DianeW777]

It depends.  If this was business expense for your self employment then you can deduct the expense if it was necessary to produce or keep income in your business. If this was a personal claim there is no deduction for your expense.

• Taking Business Deductions
• IRS Guide to Business Expenses

@carlrmorin