MargaretMort Posted May 19, 2010 Report Posted May 19, 2010 I want to be sure about this before I over-think myself. Client hired lawyer to contest SS for disability. The SSA-1099 shows net benefits of $46124. The description shows Attorney fees of $5300. The benefits include amounts paid for 2006,2007,2008. My question is: the attorney fees goes on Sch. A, Misc. deductions subject to 2%. Correct? I think mostly I don't think it should be subject to 2% but my reading indicates that it is. As always, thanks for all your help. All of you have such great helps this year. I can only say, thank you, thank you, thank you!!!!!!!!!MM Quote
mcb39 Posted May 19, 2010 Report Posted May 19, 2010 Unfortunately, I'm afraid that is where it goes. Also, don't forget to do the lump-sum averaging on that payout. Quote
MargaretMort Posted May 19, 2010 Author Report Posted May 19, 2010 Thanks. I did the averaging. I'll get this return finished and sit back and enjoy traveling to visit friends and family this summer. MM Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.