Use the steps below to report the income from the class action settlements.
- Go to the Income section of your return
- Scroll to the Less Common Income category
- Click Start or Update beside Miscellaneous Income, 1099-A, 1099-C
- Scroll to the bottom of that section and click Start or Update beside Other reportable income
- Answer Yes
- Enter your description and amount for the income you received
The end result is an income entries shown on Schedule 1 line 8z.
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