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Get your taxes done using TurboTax
I talked to my lawyer. He said he doesn't need to send me a 1099 because the money went through a trust account. He said he "was technically never in possession of the funds and it wasn't paid from me - it was paid by the Defendants and just routed through my escrow account. "
My question is: how do I report this on my taxes? Do I report the full amount or the amount I received? How do I report the one 1099 I did receive?
Please help!!
‎April 26, 2021
2:57 PM