Self-employed

As seen in our TurboTax FAQ What types of legal fees can I claim as deductions on my tax return?

You might be able to deduct legal fees if you paid to collect (or establish a right to collect), a retiring allowance or pension benefit (up to the amount of the retiring allowance or pension income you received that year, but less any amounts transferred to an RRSP or registered pension plan)

In some circumstances, these legal fees may be carried forward for up to seven years.

To claim legal fees related to collecting retiring allowance or pension, select the Find tool in TurboTax and search 'Miscellaneous Deductions'. This will take you to the page where you can claim this legal expense.

 

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