Quote:
Originally Posted by Shellback
I hope I am wrong but according to my SSA-1099 form, it counts as part of my taxable income.
|
See this where I am confused. Why should you pay taxes on $$$ that you never received? You pay the IRS income that
you received.
Example: Your SS back pay that you got in your hand was $30k. SS had already
deducted AND paid your attorney his portion.
Your attorney will be taxed
for his/her portion.
Like the other poster indicated, fill out the long form (1040) & complete the itemized deduction form.
Deduct the attorney fees.
Another thing to consider, did you elect to have the FEDS deduct taxes from your SSD check?
I sure as hell didn't.