yabras299
New Member

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?