Get your taxes done using TurboTax
To enter the settlement:
- Go to Wages & Income
- Scroll to the bottom under Less Common Income, select Start (or Update) for Miscellaneous Income.
- Choose Other reportable income
- Answer Yes to Any Other Taxable Income
- On the next screen enter the description and amount
Your settlement will now get reported as Other Income on your tax return. Feel free to reach back if you have any other questions.
