I bought a new car and had endless issues right after purchase. Within 3 years the car manufacturer gave us 9k in consideration of all of the issues. The letter specifically references the car issues like the tail light, etc. The car was about 33k when purchased and our loan was around 39k. The car manufacturer is not sending us a 1099. Should we report and if so where do we place it on the return and how do we show we are not taxed. We kept the car.
