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Get your taxes done using TurboTax
To enter Form 1099-MISC, in general, follow these steps:
- Inside your TurboTax program, enter 1099misc in the search box and
- Select the Jump to link in the search results.
This will take you to the interview for Form 1099-MISC entered as Other Common Income.
However, if this is a Legal Settlement and taxable, be sure to describe the reason as Lawsuit Settlement and select This was money from a lawsuit settlement on the page entitled: Does one of these uncommon situations apply?
For more details, see: Are legal settlements taxable?
Where do I enter an award from a taxable legal settlement?
May 17, 2021
9:28 AM