Under a new federal law, Beginning January 2023, the IRS requires Government entities to send a Form 1098-F to the IRS reporting the amount required to be paid pursuant to a suit, court order (order), or agreement with respect to any violation of a law or the investigation or inquiry into the potential violation of a law. The governmental entity must also issue a copy of Form 1098-F to the person required to make the payment. Form 1098-F is for FEDERAL tax informational purposes only. It is not a tax bill. You do not report it on your tax return.
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