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Old 02-26-2011, 12:35 AM
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1099 misc. Do I have to claim this money from a lawsuit?

Hello, I recieved 70,000 on a sexual harrassment suit settled out of court, my attorney recieved 40% plus fees, I recieved approx. 38,000. I got a 1099 misc. form for the 70,000, do I have to claim this? I have been told know, that it was a non taxable income? Thanks for your help



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