I brought a law suit against my employer for unpaid accured vacation pay in 2017. The case will not be settled until 2018. I have legal fees in both 2017 and 2018. I have not settlement from the emplyer yet. Can I deduct the legal fees in 2017 before the case is settled. If settled, can I deduct the 2017 legal fees in 2018?
You'll need to sign in or create an account to connect with an expert.
Yes, legal fees to produce taxable income are deductible as miscellaneous expenses in the year that you pay them.
Yes, legal fees to produce taxable income are deductible as miscellaneous expenses in the year that you pay them.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
lac528
Level 2
thehartfamily484
New Member
Tr221
Level 2
ezraswife
New Member
tflucke
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.