MinhT1
Expert Alumni

Get your taxes done using TurboTax

The class action settlement is taxable and is included in your Adjusted Gross Income (AGI).

 

CoveredCA defines income as your adjusted gross income (AGI) from your most recent federal income tax return, located on line 8b on the Form 1040.

 

Your class action settlement counts as income for CoveredCA.

 

Please read this CoveredCA document for more information.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"