David Posted October 8, 2015 Report Posted October 8, 2015 New client is going through a divorce in 2015. She is filing MFS in 2014. Her husband has a Sch C business which my client is not involved in at all.Her husband gave her money through the year to pay the mortgage, etc. She is not claiming any of the mortgage interest, property taxes, etc.He issued her a 1099 for $57K. There is no communication between them so she thinks he is issuing a 1099 for half of the business profits.She did no contract work or any other work for the business.I know I have to report the 1099 on her return. However, I am planning on expensing it out in other with a statement that the 1099 was incorrectly issued and should be reported to H's ssn.Has anyone had this issue? If so, how did you handle it?Thanks. Quote
Randall Posted October 8, 2015 Report Posted October 8, 2015 Her attorney should work with his attorney on getting a corrected 1099 issued. You may still have to expense it out to get the 2014 return completed by 10/15. But longer term, the corrected 1099 will be best. 4 Quote
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