ever4958
New Member

Where do I enter the settlement income amount and attorney fees on my tax return?

This was an employer discrimination lawsuit.  The settlement amount was $107,500.  Total to attorney was $64,089.71(attorney fees:$51,750 + costs advanced by attorney:$12,339.71).  I didn't receive a 1099 from the attorney.  I received a check for $43,410.29 from my attorney.  After reading some questions and answers its still unclear to me how to enter these amounts.