Legal Question in Tax Law in New York

Tax deduction

I am currently paying restitution for a crime that I committed. Can I use my payments as a tax deducable?


Asked on 3/08/05, 8:06 am

2 Answers from Attorneys
Norman Nadel Norman Nadel, Esq.

Re: Tax deduction

It depends on what the restitution is for.

It is highly unlikely that it is deductible.

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Answered on 3/08/05, 8:15 am

Re: Tax deduction

It would be highly unlikely, unless maybe you paid taxes on the original income or item that you stole.

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Answered on 3/08/05, 8:28 am


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