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kwanfam1
Level 3

Using Quick Employer Forms to enter fees paid to attorney to generate 1099 MISC, why no box 10 option?

I can't find box 10 in the Form 1099 MISC for fees paid to my attorney.  Should I choose another box, and which box?

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Critter
Level 15

Using Quick Employer Forms to enter fees paid to attorney to generate 1099 MISC, why no box 10 option?

??? box 10 is for crop insurance proceeds ???

https://www.irs.gov/pub/irs-prior/f1099msc--2019.pdf

 

What About 1099-Misc Forms for Attorneys?

The 1099-MISC instructions are specific about providing 1099-MISC forms for attorneys law firms, but they distinguish between two different types of payments:

 
  • Fees: Any law firm or attorney to whom you paid $600 or more in fees during 2018 must be given a 1099-MISC form. Enter the total paid in Box 7. It does not matter if this attorney is a corporation; the 1099-MISC must be provided.
  • Gross proceeds: If you paid an attorney $600 or more in "gross proceeds," you must also provide a 1099-MISC (Box 14). Gross proceeds are an amount an attorney receives as part of work on a settlement or sale (of a business or business assets, for example) or in the case where an attorney accepts funds on behalf of a client and takes a fee from the payment.

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4 Replies
Critter
Level 15

Using Quick Employer Forms to enter fees paid to attorney to generate 1099 MISC, why no box 10 option?

??? box 10 is for crop insurance proceeds ???

https://www.irs.gov/pub/irs-prior/f1099msc--2019.pdf

 

What About 1099-Misc Forms for Attorneys?

The 1099-MISC instructions are specific about providing 1099-MISC forms for attorneys law firms, but they distinguish between two different types of payments:

 
  • Fees: Any law firm or attorney to whom you paid $600 or more in fees during 2018 must be given a 1099-MISC form. Enter the total paid in Box 7. It does not matter if this attorney is a corporation; the 1099-MISC must be provided.
  • Gross proceeds: If you paid an attorney $600 or more in "gross proceeds," you must also provide a 1099-MISC (Box 14). Gross proceeds are an amount an attorney receives as part of work on a settlement or sale (of a business or business assets, for example) or in the case where an attorney accepts funds on behalf of a client and takes a fee from the payment.
Critter
Level 15

Using Quick Employer Forms to enter fees paid to attorney to generate 1099 MISC, why no box 10 option?

Are you looking at the 2020 form by mistake ?  We are issuing 2019 forms now ...

 

https://www.irs.gov/pub/irs-dft/f1099msc--dft.pdf

kwanfam1
Level 3

Using Quick Employer Forms to enter fees paid to attorney to generate 1099 MISC, why no box 10 option?

Critter.  Thank you.  I pulled up the 2020 Form 1099 and thought it was for 2019.

Critter
Level 15

Using Quick Employer Forms to enter fees paid to attorney to generate 1099 MISC, why no box 10 option?

Yes, they redesigned the 1099-misc form for 2020 and pulled off the misc income in  box 7 and moved it to a resurrected form   1099-nec

 

https://news.bloombergtax.com/payroll/irs-issues-draft-instructions-for-2020-miscellaneous-income

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