Good afternoon,
I received a check for $91.69 in December of 2022 for a class action settlement. I just realized that I did not get a 1099-R for this payment. I called the company that issued the check and was told that I do not have to report transactions under $200.00 per the settlement agmt. Is this true? I am assuming that IRS doesn't know about this payment if no 1099-R was issued. Should I leave it alone or report it?
Thank you.
