What if a person received an award (i.e., $150.00) from a class action lawsuit that was not a result of a personal injury, but never received a 1099 MISC from the settlement administrator? When I called the settlement administrator about when they will be sending out a 1099 MISC to me, I was informed that they do not send out 1099 MISC and they do NOT have a tax identification number (TIN). Please note, I do have a claim number for this class action lawsuit. That said, I have entered the information in Turbo Tax Deluxe as other income even though I have not receive a 1099 MISC and will not be receiving one from them. However, the Turbo Tax Deluxe program continues to prompt me to enter either a TIN or social security number.
As mentioned above, I do have a claim number that was provided to me by the settlement administrator. Am I required by the Internal Revenue Service to include in my 2024 federal tax return their TIN or social security number which the settlement administrator states they do not have one for this class action settlement? The Turbo Tax Deluxe program continues to prompt me to enter either their TIN or social security number. What is the workaround for this situation?
