Legal Question in Family Law in California

tax advice question regarding divorce

Hi,

I am a performing artist. I am getting divorced. We are filing our taxes separately. I usually file a schedule c for business expenses for my entertainment expenses and income. I have both that and w2 income.

My question, some expenses came out of the joint account, some my private accounts. I am only itemizing my business expenses, not personal expenses.

Can I claim all expenses on my schedule c, or would it be best to claim only the ones that came out of my private account?

Can I safely do this this year? If I file this way, does it leave me open in the future to litigation or renegotiating the settlement?

I am wondering in conjunction with both money and intellectual property. I am wondering if this would connect them?

I filed this way prior to the marriage. But not during the marriage

Would it be best for me to file a straight return from a divorce/ looking to the future standpoint?

Your advice is most welcome.


Asked on 3/15/08, 2:47 pm

1 Answer from Attorneys

Phillip Lemmons, Esq. Phillip Lemmons APC, Attorneys at Law

Re: tax advice question regarding divorce

Since you're getting divorced, it's probably a good idea to file separately. Whether you should claim deductions on your schedule a or c is probably something your tax preparer should answer.

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Answered on 3/16/08, 12:30 am


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