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I'm receiving a settlement as part of legal malpractice
I'm receiving a settlement as part of legal malpractice claim in connection with a workers compensation suit. My workers compensation settlement would not have been taxed according to my workers comp … read more
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Bachelor's Degree Equivalent
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My client paid attorney fees to his attorney. Also, the
My client paid attorney fees to his attorney. Also, the claimant won a settlement. My client was required to pay the settlement to the claimant via his attorney. So, my research indicates that three 1… read more
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A settlement for breach of contract with a brokerage company
a settlement for breach of contract with a brokerage company due to the mismanagement of his IRA account resulted in a cash settlement of $60,000. The account had a value of $250,000 but after 7 years… read more
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Can you end this misery? 2 [self]litigated personal injury
can you end this misery? 2 [self]litigated personal injury cases. pain and suffering only. defendants attorneys will not release funds unless i fill out a W9 (which will go to a 1099) and which will g… read more
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Settlement funds that attorneys disburse do the attorney
Settlement funds that attorneys disburse do the attorney issue a 1099misc to claimant? … read more
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I was suit by an employee we settled for $ 65,000 with a
I was suit by an employee we settled for $ 65,000 with a monthly installment of 4000 to plaintiff and 2000 to plaintiff lawyer. how do I report this on form 1099 misc. Per the legal agreement, the def… read more
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I was involved in a motorcycle accident on October 2, 2013.
I was involved in a motorcycle accident on October 2, 2013. The case was settled and I received approximately $50K as settlement. This was after atty fees and medical. When I file my taxes for 2014, m… read more
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I received a settlement from the government for wrongful firing
I received a settlement from the government for wrongful firing tied to a whistleblower case. I did not receive a W-2 or a 1099. Is this settlement taxible income?… read more
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Wallstreet Esq.
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I received a lump sum settlement from a disability claim (a
I received a lump sum settlement from a disability claim (a premium that I paid 100% of the cost with after tax dollars) Some of this was for past benefits and some was for future benefits How do I kn… read more
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I fell and broke my wrist on the sidewalk outside marshalls
I fell and broke my wrist on the sidewalk outside marshall's I had pins and screws placed in my wrist ot fix it. I lost 3.5 months of work since ,as an rn ,I had to be able to work to full capacity to… read more
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I am a sole practitioner attorney (newly on my own) and settled
I am a sole practitioner attorney (newly on my own) and settled a personal injury claim for a client in 2010. I've just received a 1099-Misc from the insurance company who paid to settle the claim, wi… read more
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Here is a quick summary of our situation - Received extraordinary
Here is a quick summary of our situation: - Received extraordinary income for 2009: my wife received long term disability insurance lump sum settlement. (Also received retroactive Social Security disa… read more
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The IRS has advised me that I have to file a tax return for
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I am the office manager for a new law firm. We have a question
I am the office manager for a new law firm. We have a question regardign whether we need to issue any 1099's or file a 1096? We had a couple of settlements and have had a regular stream of clients, bu… read more
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My employer and its work comp carrier are attempting ...
My employer and it''s work comp carrier are attempting to settle a work comp claim as a non compensible settlement and want to issue a 1099 with the settlement. The settlement is not income but I want… read more
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Yes. they issued a payroll check as the settlemnt check and
Yes. I settled an employment discrimination lawsuit. EEOC allowed me to sue. I settled. they issued a payroll check as the settlement check and a W-2 at year end. This is fraud. I am disabled and cann… read more
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After receiving a settlement payment for agreeing not to ...
After receiving a settlement payment for agreeing not to pursue complaints about a former employer (and separating from them) I was told the settlement amount was not taxable. My CPA reported the amou… read more
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I was in an auto accident and recieved dissability benifits ...
I was in an auto accident and recieved dissability benifits and also settled my claim with the insurance company, is the money I recieved taxable?… read more
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