KarenM90
Intuit Alumni

Get your taxes done using TurboTax

Yes, generally all income received from a class-action lawsuit are taxable, unless they are for unreimbursed medical expenses that were not taken previously as a deduction.

 

To enter them in TurboTax:  

 

Under Income & Expenses, 

Scroll down to "Other Common Income" and enter them in the Form 1099-Misc Screen

 

Follow the on-screen prompts.

 

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