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April 16, 2023
Question

I needed to use a lawyer, so legal fees, but not to get income. instead it was to come to an agreement for me to lose income so the client would go away. how to delare?

  • April 16, 2023
  • 1 reply
  • 0 views
i technically have two fees. the payback to the client and the legal fees.

    1 reply

    April 19, 2023

    First to find our if the legal fees you incurred are eligible please see our TurboTax FAQs: Are All Legal Fees Fully Tax Deductible? and Deducting Legal Fees 

    As per the Canada Revenue Agency (CRA) Legal fees It appears these fees are not eligible to be claimed.

    For clarification please call the CRA at 1-800-959-8281.

     

    Thank you for choosing TurboTax.