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I am in the process of doing my taxes for fiscal year 2010.

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I was let go from...
I am in the process of doing my taxes for fiscal year 2010. I was let go from a job where I worked for 10 years and went through a lawyer who negotiated my severence package for me. Am I able to claim this on my income tax? If so what line do I put it under? Thanks!
Submitted: 8 years ago.Category: Canada Law
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Answered in 4 minutes by:
6/17/2010
Lawyer: Debra, Lawyer replied 8 years ago
Debra
Debra, Lawyer
Category: Canada Law
Satisfied Customers: 106,013
Experience: Lawyer
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You must claim whatever is income on your Income Tax Return. It's just part of income.

Is that what you are asking?
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Customer reply replied 8 years ago

Thanks for the reply, actually I was asking if I could claim the fees that I had to pay to the lawyer in order to negotiate my severance?

Lawyer: Debra, Lawyer replied 8 years ago
Oh. Sorry about that.

You can write it off.

You put in on line 232 which is for other deductions.

There is a supporting schedule that comes in here and the first line there is for legal and accounting fees.

Let me know if you need further clarification.
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