Previous post last year for context: https://ttlc.intuit.com/community/tax-credits-deductions/discussion/is-a-lawsuit-settlement-taxable-...
I took a lost in 2019 related to a Real Estate Investment so I have a large capital loss carry forward. As a result of a lawsuit, I've reached a settlement and payments commenced in 2020. I'm assuming this should go against my capital loss, but I wasn't sure where to enter it to get that effect as this isn't really income but more a recovery of my investment. Any help would be appreciated! Thank you!!
