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发帖数: 140 | 2 Will it be considered as Personal legal expenses - Nondeductible Expenses?
Personal Legal Expenses
You cannot deduct personal legal expenses such as those for the following.
Damages for personal injury (except certain whistleblower claims and
unlawful discrimination claims), for more information about unlawful
discrimination claims, see Deductions Subject to the 2% Limit, earlier.
You cannot deduct these expenses even if a result of the legal proceeding is
the loss of income-producing property.
http://www.irs.gov/publications/p529/ar02.html
Legal Expenses
You can usually deduct legal expenses that you incur in attempting to
produce or collect taxable income or that you pay in connection with the
determination, collection, or refund of any tax.
You can also deduct legal expenses that are:
Related to either doing or keeping your job, such as those you paid to
defend yourself against criminal charges arising out of your trade or
business,
For tax advice related to a divorce if the bill specifies how much is for
tax advice and it is determined in a reasonable way, or
To collect taxable alimony.
You can deduct expenses of resolving tax issues relating to profit or loss
from business (Schedule C or C-EZ), rentals or royalties (Schedule E), or
farm income and expenses (Schedule F) on the appropriate schedule. You
deduct expenses of resolving nonbusiness tax issues on Schedule A (Form 1040
or Form 1040NR). See Tax Preparation Fees, earlier. |
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