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Schedule C NOT Needed
I have a 1099 Misc that includes legal fees for the settlement of a class action suit against my employer.
I keep getting an error message when I do my final check that I need to attach this to a Schedule C, but it is not a business. Personally I would like to do that because I could then take an above the line deduction for the attorney fees. So is this truly an error, or do I skip it OR can I used a Schedule C to report this and take the above the line deduction?
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‎April 1, 2021
9:32 AM