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I received a settlement from a car accident of 285000.
I have a personal GST number, so can I claim the tax from my lawyer's 30% fee which seems high?
I haven't worked since this accident in 2012. I had to be helicoptered from accident site.

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  • I assume you are in the US since you put a "new jersey" tag
    – littleadv
    Nov 26, 2023 at 4:00
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    What is a GST number? Nov 26, 2023 at 4:50
  • @littleadv Why would use assume that? "GST number" is not a US term. It's used in the UK, Canada, and India (and maybe other countries) in the context of handling VAT.
    – nobody
    Nov 26, 2023 at 17:38
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    The OP tagged the question as "new jersey". I suspect the gst number means it's some kind of scam
    – littleadv
    Nov 26, 2023 at 19:01
  • You should have considered whether the lawyer's fee was acceptable before hiring them rather than complaining afterward. Though realistically, hiring a competent lawyer for this sort of claim IS almost always expensive; that's just the way the system works.
    – keshlam
    Nov 26, 2023 at 21:56

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Attorney fees for insurance and liability claims are not tax deductible in the US.

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  • But the insurance payout itself generally wouldn't be taxable income in the United States, would it? Nov 27, 2023 at 17:22
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    @jeffronicus depending on what the payout is. It may be taxable.
    – littleadv
    Nov 27, 2023 at 18:36

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