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SSA-1099-SM - Attorney Fees in Box 3

Yardley CPA

By Yardley CPA
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Yardley CPA

Yardley CPA

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A first for me.  Client has SSA-1099-SM reflecting Attorney Fees of $6,000.  This amount is included in Box 5 and is taxable.  Based on what I've read, that amount can be placed on Schedule A as a Miscellaneous Deduction, subject to the the 2% deductible.   Never saw Attorney Fees listed on a SSA-1099.

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