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can I deduct money I spent on a bail bond

 

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Submitted: 1803 days and 12 hours ago.
Category: Tax
Value: $15
Status: CLOSED

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Expert:  Merlo replied1803 days and 12 hours ago.

HelloCustomer

No unfortunately that is not a deductible expense. You cannot really deduct any expenses at all in connection with legal/criminal issues, including any attorney fees or court costs you may have to pay.

Sorry for the bad news because I am sure you were hoping this was a deductible expense,but it is not under current regulations.

If this was helpful please press the Accept key. Positive feedback is also appreciated.

Thanks and good luck to you.

Expert TypeAccountant
Category: Tax
Pos. Feedback: 99.8 %
Accepts: 9646
Answered: 7/10/2008

Experience: 25+ years tax consulting. Specializing in returns for US citizens living abroad

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