A contact injury, such as a direct blow to the medial side (inside of knee), or a noncontact injury, such as a hyperextension stress. It is also commonly associated with an ACL tear which occurs with a high level of force and sports injury.
These types of legal fees are deductible as a business-related expense. You can deduct legal expenses incurred in your attempts to produce or collect taxable income as well as legal fees you pay in connection with the determination, collection, or refund of any tax.
You can deduct fees sustained for representation if you're seeking taxable income through the litigation. Generally, the Internal Revenue Service requires individuals to deduct eligible legal fees on IRS Form Schedule A, and attach the schedule to the 1040 return.or example, if your adjusted gross income equals $100,000, your legal fees must equal more than $2,000 to take a deduction. Additionally, the amount you can deduct is equal only to the amount over the 2 percent threshold.