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In general, you can deduct lawyer fees on your taxes if they are related to certain types of expenses, such as business or investment activities. However, personal legal fees are usually not deductible. It's important to consult with a tax professional for specific guidance on deducting lawyer fees on your taxes.

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5mo ago

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Can I deduct lawyer fees on my taxes?

Yes, you can deduct lawyer fees on your taxes if they are related to certain types of expenses, such as those incurred for business purposes or to produce taxable income. However, personal legal fees are generally not deductible. It's recommended to consult with a tax professional for specific advice on deducting lawyer fees on your taxes.


Can I deduct lawyer fees from my taxes?

In general, you cannot deduct lawyer fees from your taxes unless they are related to certain types of expenses, such as business or investment activities. It's best to consult with a tax professional for specific advice on your situation.


Is it possible to write off lawyer fees on your taxes?

Yes, it is possible to deduct lawyer fees on your taxes under certain circumstances, such as if they are related to business expenses or for the production of taxable income. However, personal legal fees are generally not deductible.


Can you deduct agent fees?

Yes, you can deduct agent fees when it comes to taxes. However, you can only deduct up to 15% of the overall agent fees.


Can I deduct legal fees on my taxes?

Yes, you can deduct legal fees on your taxes if they are related to producing or collecting taxable income, managing, conserving, or maintaining property held for producing income, or determining, collecting, or refunding any tax.


What expenses can you deduct on your taxes when selling a house?

When selling a house, you can potentially deduct expenses such as real estate agent commissions, legal fees, and certain home improvement costs from your taxes.


Are web hosting fees tax deductible?

yes, you can deduct your web hosting fees from your taxes, along with other things that typically accompany running an online business


Can I deduct points on a refinance from my taxes?

No, you cannot deduct points on a refinance from your taxes.


Can I deduct travel to and from work on my taxes?

No, you cannot deduct travel to and from work on your taxes.


Can I deduct losses on stocks from my taxes?

Yes, you can deduct losses on stocks from your taxes, but there are limits on how much you can deduct in a given year.


Can I deduct state taxes from my federal taxes?

Yes, you can deduct state taxes from your federal taxes if you itemize your deductions on your federal tax return.


What do you deduct in Nebraska the motor vehicle tax or the registration fee?

In Nebraska, one would deduct the vehicle registration fees. You will deduct the fees based on the value of the vehicle.