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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.
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‎June 5, 2019
10:34 PM