Legal Question in Business Law in Utah

is a judgement tax deductible

is a judgement tax deductible


Asked on 2/08/07, 9:34 am

1 Answer from Attorneys

Alvin Lundgren Alvin R. Lundgren, L.C.

Re: is a judgement tax deductible

A judgment per se is not tax deductible. If the underlying debt is tax deductible and you pay it, you can claim the deduction.

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Answered on 2/08/07, 11:14 am


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