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PaulNad
New Member

lawsuit settlement

A settlement payment was received in a class action lawsuit in 're Apple Inc. Device Performance Litigation'.  However, a 1099-MISC was not received.  How to I report the income from this settlement in Turbo tax?

 

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1 Reply
ThomasM125
Employee Tax Expert

lawsuit settlement

You can make that entry in TurboTax as follows:

 

1. From the Federal menu in TurboTax find Wages and Income 

2. Find Less Common Income

3. Choose Miscellaneous Income, 1099-A, 1099-C

4. Choose Other Reportable Income

5. Enter a description of the income and the amount

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