1099 MISC amount payor settlement

kennethyip — Mon, 23 Feb 2026 13:11:25 GMT

I have a lawsuit settlement as a defendant and I paid 50% of the award and my insurance company paid 50% of the award to the plaintiff. In my 1099 MISC to the plaintiff, what is the amount I should put down? 100%or 50%? The settlement does not breakdown the percentage awarded in each charge. thank you.

Re: 1099 MISC amount payor settlement

AmyC — Mon, 06 Feb 2023 23:09:32 GMT

The amount you paid. The insurance company should also be sending one.

See Instructions for Forms 1099-MISC and 1099-NEC, Miscellaneous Income and Nonemployee Compensation

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1099 MISC amount payor settlement

Re: 1099 MISC amount payor settlement