taxable settlement proceeds

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  • Maggie
    Member
    • Dec 2006
    • 37

    #1

    taxable settlement proceeds

    Owner entered into a settlement agreement over disputed commissions with former representative. Owner made all payments to his attorney, and attorney paid the settlement to the former rep and reps. attorney. (both named on the check) Who is responsible for issuing 1099's? 1099 to attorney? 1099 to former rep? Thanks!
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