The fees may involve tax planning or controversies, and even fees for purely personal tax advice qualify as miscellaneous itemized deductions . Beware Combined Cases. Since punitive damages are taxable, half your lawyer 's fees are income, and you can probably deduct them only as a miscellaneous itemized deduction..
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Print; Deductibility of legal fees during separation or divorce. The tax treatment of legal fees paid during a separation and divorce is a complex subject..
Take a look at our Tax Deductibility of Attorneys' Fees in Marital Dissolution page. Hargrave Hargrave AAC is a full service tax, accounting and business consulting .
Authors: Nicole Paulsen and Danielle Botha DLA Cliff Dekker Hofmeyer The question of deductibility of legal expenses incurred to protect one's .