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Deductions & credits
I am in a similar situation, except I was involved in a settlement of being underpaid for overtime wages. My former employer issued me a 1099-MISC with Other Income as $20,000. I already received a 1099 and W-2 from the attorneys for the settlement I received. So is this $20,000 fully deductible?
May 31, 2019
8:28 PM