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Deductions & credits
I just received by W-2 from my former employer for $1000. I also received a 1099-MISC for $51,000 from my prior employer. Based on this, it does not appear I can deduct the $15K (attorney out of pocket) or $34K (attorney contingency fees), since my prior employer paid them directly out of the $100K settlement. Is that correct?
May 31, 2019
8:28 PM