Deductibility of Legal Fees Related to a Divorce
Although generally you cannot deduct legal fees you have incurred in obtaining a divorce, there are several exceptions that you should consider talking with your tax professional about in more detail. In particular, you may be able to deduct fees paid for tax advice (subject to the 2% of adjusted gross income limit) you received in connection with the divorce, such as from appraisers, accountants and attorneys if you itemize deductions on Schedule A (Form 1040).
ABOUT THE AUTHOR
The law firm of Meriwether & Tharp was established in 1998 in Norcross, Georgia by partners Patrick L. Meriwether and Robert L. Tharp. In 2000, the offices were relocated from Norcross to Alpharetta, Georgia and the firm began expanding its professional staff and focusing its practice on family and business law matters, including divorce, contempt, and modification actions. At Meriwether & Tharp our experienced family law attorneys recognize that domestic troubles can be emotionally and financially taxing. Our lawyers provide personal, individualized legal services, covering the full spectrum of family law issues.
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