MarilynG
Expert Alumni

Get your taxes done using TurboTax

Since you haven't received a 1099-Misc, you may receive one in 2022.  There should be some contact info in your letter or other documents you received to verify this.  You could then report this on your 2022 taxes. 

 

Some parts of a settlement may be taxable and some may not.  

 

Here's some info about Lawsuit Settlements. 

 

IRS Info on Settlements and Judgements. 

 

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