I work for a personal injury atty. All our clients who do attendant care for injured family members get 1099s from insurance co with either box 6 (medical care) or box 7 checked (paymnts to attorney). One client got her 1099 with box 5 checked (misc. nonemployee income), and her accountant says there is no way to deduct the 1/3 that comes out of her monthly check for attorney's fees. Does anyone know how to handle this?
2007-04-04 04:49:51 · 2 answers · asked by Susan F 1 in Business & Finance ➔ Taxes ➔ United States
Contact the insurance company and ask them to issue a corrected Form 1099
2007-04-04 05:48:07 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
As others has already reported, there is not any longer something you're able to do to sidestep him from claiming her. The questions is that who has the main appropriate to declare her. IRS has tie breaker policies for whilst if the two parents attempt to declare an identical newborn a million. The parent who the newborn has lived with longer wins. So in the experience that your daughter lived with you extra desirable than along with her father, rfile the reality and tutor to IRS which you have the newborn with you. 2. If the newborn lived with the two parents equivalent quantity of time, then the parent with greater earnings wins. If he filed his taxes first and claimed the newborn, the IRS will reject your declare. yet once you have evidence that the newborn has lived with you extra days than along with her father, the IRS will take the a refund from him and supply it to you. in spite of the fact that, this might take an somewhat long term (countless months) for IRS to handle. My best advice is to document your taxes as quickly as you could. best needs.
2016-10-21 00:16:50 · answer #2 · answered by porix 4 · 0⤊ 0⤋