I was going through Ron Gotcher's immigration-information web site and was surprised to find that green card expenses can be deducted in one's tax return. Has anyone here claimed such expenses?
"Question: My company only pays 50% of the green card processing fees. Since I've paid about $6000 myself, could I deduct that next year?
Answer: If you are employment based, the answer is most likely yes. The IRS issued a revenue ruling about twenty five years ago, finding that attorneys fees, filing fees, and travel costs were all deductable as business expenses since they are spent in pursuit of legal authorization to generate taxable income. Check with your accountant.
__________________
James R. Gotcher
Attorney at Law
The Gotcher Law Group, PC
15300 Ventura Boulevard, Suite 507
Sherman Oaks, CA 91403
Tel: 818-990-4922
Fax: 818-990-4964
E-mail: JRG@GotcherLaw.com
"
http://www.immigration-information.com/showthread.php?threadid=1228&highlight=tax
"Question: My company only pays 50% of the green card processing fees. Since I've paid about $6000 myself, could I deduct that next year?
Answer: If you are employment based, the answer is most likely yes. The IRS issued a revenue ruling about twenty five years ago, finding that attorneys fees, filing fees, and travel costs were all deductable as business expenses since they are spent in pursuit of legal authorization to generate taxable income. Check with your accountant.
__________________
James R. Gotcher
Attorney at Law
The Gotcher Law Group, PC
15300 Ventura Boulevard, Suite 507
Sherman Oaks, CA 91403
Tel: 818-990-4922
Fax: 818-990-4964
E-mail: JRG@GotcherLaw.com
"
http://www.immigration-information.com/showthread.php?threadid=1228&highlight=tax