Form 1099-MISC - Gross Proceeds Paid to an Attorney
1

Form 1099-MISC, Box 14 shows gross proceeds paid to an attorney in connection with legal services. These amounts are generally reported on Schedule C. Enter only the taxable portion as income on your return.

To enter or review the information for Form 1099-MISC, Box 14 Gross proceeds paid to an attorney:

If you have not already entered the applicable Schedule C information:

  1. From within your TaxAct® return (Online or Desktop), click Federal. On smaller devices, click  in the upper left-hand corner, then select Federal 
  2. Click Business Income in the Federal Quick Q&A Topics menu to expand the category and then click Business income or loss from a sole proprietorship
  3. Click Add to create a new copy of the form or Review to modify a form already created
  4. Continue with the interview process to enter all of your applicable business information
  5. When you reach the screen titled Business Income – Income, click Yes
  6. Click Yes to indicate that you received a Form 1099-MISC
  7. Click Add to create a new Form 1099-MISC
  8. Click Form 1099-MISC Quick Entry to open the Quick Entry window
  9. Enter all of the applicable information from your Form 1099-MISC
  10. Close the Quick Entry window
  11. Click Continue twice
  12. Assign the Form 1099-MISC that you just entered to the Schedule C that you are currently completing from the Assigned form or schedule drop-down list

If you have already entered the applicable Schedule C information:

  1. From within your TaxAct® return (Online or Desktop), click Federal. On smaller devices, click  in the upper left-hand corner, then select Federal
  2. Click Form 1099-MISC in the Federal Quick Q&A Topics menu.
  3. Click Add to create a new Form 1099-MISC
  4. Click Form 1099-MISC Quick Entry to open the Quick Entry window
  5. Enter all of the applicable information from your Form 1099-MISC
  6. Close the Quick Entry window
  7. Click Continue
  8. Assign the Form 1099-MISC that you just entered to the applicable Schedule C from the Assigned form or schedule drop-down list

Note: If Schedule C is not an option in the dropdown, you will need to create a Schedule C to associate with the Form 1099-MISC. See Schedule C - Self-Employed for instructions on how to create a Schedule C.