During the current year, Lucy, who has a sole proprietorship, pays legal and accounting fees for the following: Services rendered in resolving a federal tax deficiency Tax return preparation fees: What amount is deductible for AGI?

Question

During the current year, Lucy, who has a sole proprietorship, pays legal and accounting fees for the following:  Services rendered in resolving a federal tax deficiency  Tax return preparation fees:  What amount is deductible for AGI?

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The Answer of During the current year, Lucy, who has a sole proprietorship, pays legal and accounting fees for the following:  Services rendered in resolving a federal tax deficiency  Tax return preparation fees:  What amount is deductible for AGI?

During the Current Year, Lucy, Who Has a Sole Proprietorship