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Refund from tax preparer - if/how to report
My tax preparer will refund me say $X dollars for the mistakes he made in prior years that could not be corrected/amended. I am willing to pay taxes on this amount out of my own pocket. However, since he will not issue me 1099 form since he said this by his research is not taxable:
1. Can I still report this as income?
2. If so, what support do I have?
3. Any other things to beware?
Thank you very much,
Eleanor
‎December 22, 2024
2:55 PM