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As SharonD007 mentioned, legal settlements are often taxable.  Non-injury settlements are considered other taxable income. Normally companies do not issue a Form 1099-MISC for payments under $600, but you should still report this income on your tax return.   

If I didn't get a 1099-NEC or 1099-MISC, do I still need to report the income if it's less than $600...

@praxisknight 

[Edited 3/26/24 | 11:40 AM PST]