Sec. 11078. Attorneys' fees relating to awards to whistleblowers
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(21)of section 62(a) is amended to read as follows: Any deduction allowable under this chapter for attorney fees and court costs paid by, or on behalf of, the taxpayer in connection with any award under— section 7623(b), or in the case of taxable years beginning after December 31, 2017, and before January 1, 2026, any action brought under— section 21F of the Securities Exchange Act of 1934 ( 15 U.S.C. 78u-6 ), a State law relating to false or fraudulent claims that meets the requirements described in section 1909(b) of the Social Security Act ( 42 U.S.C. 1396h(b) ), or section 23 of the Commodity Exchange Act ( 7 U.S.C. 26 ). Subparagraph
(A)shall not apply to any deduction in excess of the amount includible in the taxpayer's gross income for the taxable year on account of such award. . The amendment made by this section shall apply to taxable years beginning after December 31, 2017.
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