I received a $2,000 bonus for signing a Letter of Intent to sign a contract leasing our farm land to a solar energy developer. The lease ultimately fell through due to technical complications, but I did receive the $2,000 bonus. However, I have not received a 1099 form for this payment. My question is, must I still report this money on my tax return and if so, how?
Also, we had $1200 I attorney's fees for negotiating the contract that ultimately fell through. Are these legal fees deductible as an expense, and where would I list them?