Sunday, July 13, 2014

Can I claim my lawyer fees for filing bankruptcy on my federal taxes. I had rental properties that tanked that caused me to have to file.

Question

Can I claim my lawyer fees for filing bankruptcy on my federal taxes. I had rental properties that tanked that caused me to have to file.



Answer

There are exceptions and nuances to every situation, but without knowing your particular facts and circumstances, I believe the answer is "no" you cannot deduct the legal fees.



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