In California, if an employer doesn't furnish last paycheck within a period of time, they are penalized through a form of payment to the former employee. This had happened to me in 2020, and I had received a 1099-MISC for that amount.
Can anyone confirm whether this 'Other Income' is taxed as federal and state income? I keep reading that it is not considered as wage, but Turbo Tax software collects federal and state income on this amount.
