1099 reporting of a single settlement check to two plaintiffs

October 30, 2019


Q. A check was issued only to an attorney firm, not separately for two plaintiffs. They said that was shared, so the amount is to be split 50% and a 1099-MISC needed to be issued for only 50% of the amount that we paid. Based on the settlement agreement, we need to issue the check only to their attorney. The amount was to represent compensation to plaintiffs for all nonwage compensatory damages, including but not limited to emotional distress and failure to accommodate disability, and all…

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