@TG6394 wrote:
I have a very similar situation.
In 2018 I Filed a claim with bankruptcy court in New York for unpaid severance when Sears filed bankruptcy in that same year. In 2022, the bankruptcy court honored my claim and paid me what was due. They sent me a letter with a check. The letter stated the gross amount, Fed, Social Security, Medicare and state taxes that were paid and the net amount of the check. I never received a w2 or a 1099-misc. How do I report this on our taxes.
Since I cannot find a way to report taxes paid under the Miscellaneous categories for Income, What I thought about doing was pulling an old Sears W2 and using the TIN / EID number on it (from 2017 W2, prior to bankruptcy). I would then just add another “W2” entry to our taxes with this TIN/EID information and the dollars amounts listed above with the name and address from the letter I received, which was:
You would start by entering your income as if you received a W-2, using the figures provided in the settlement letter. You can use the old EIN if you can find it. However, after entering the W-2 there is a listing of special situations and you need to check the box for "I did not get a W-2/I need to create a substitute W-2".
