Скачать или смотреть Can You Deduct Your Legal Fees Incurred in a Divorce?

Can you deduct your legal fees incurred in a divorce? Certain kinds of legal fees and costs, yes, but not all legal fees and costs. As a general rule, legal fees and other costs incurred in a divorce are not deductible, but a portion of your legal expenses specifically allocable legal fees incurred to obtain taxable alimony (not for child support arrearages) and for tax advice in connection with a divorce (as long as your attorney's bill properly identifies it) may be deductible. These legal fees and related deductions are allowable only if their total in a given tax year exceeds two percent of your adjusted gross income. So even if you can deduct a portion of your legal fees and costs, you won't be allowed to deduct them all. There are a few other details about what is and is not deductible, but this is a good start. To learn the finer points and to ensure you know how to claim deductions properly and legally, consult an accountant or tax lawyer.