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No, a legal fee can be partially deductible, as well. When legal fees are partially deductible and partially non-deductible, the taxpayer must allocate the fee between the deductible and non-deductible portions. Fortunately, lawyer fee statements that make a reasonable and good faith allocation are typically respected by the IRS.
Legal fees either entirely deductible or non-deductible was last modified: April 15th, 2019 by David Klasing