pricefam31
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@PatriciaVthank you for responding on Sunday eve!yes this income is entered at schedule 1, line 8z.The “adjustment” of legal fees/costs needs to be entered at s...
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There is no way around this that I can see. I will need to print out all the IRS forms and fill them out myself (grrrr...). I didn't have a lawsuit settlement, ...
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I found this lawyer's summary incredibly helpful on the point. Whether the LTD benefits are considered income depends on a few factors (grab your pay stub!). An...
Activity Feed for pricefam31
- Posted Re: I received money from a lawsuit settlement. Turbotax will not let me file taxes without infor... on Get your taxes done using TurboTax. April 14, 2024 5:28 PM
- Cheered Re: I received money from a lawsuit settlement. Turbotax will not let me file taxes without infor... for PatriciaV. April 14, 2024 5:28 PM
- Posted Re: I received money from a lawsuit settlement. Turbotax will not let me file taxes without information in the schedule c? I am not self employed. How do I get around this? on Get your taxes done using TurboTax. April 14, 2024 12:56 PM
- Posted Re: Yes, your attorney fees are deductible to the extent of y... on Get your taxes done using TurboTax. April 14, 2024 12:31 PM