OpeA1
Employee Tax Expert

Get your taxes done using TurboTax

Hello @Dave991 :

 

Settlement checks are usually attached to a 1099-misc or whatever the court system determines as the type of income. The document attached is what you need to file your tax return.  So, be careful to hold on to the check and the tax return documents that come with the settlement check.

 

Yes, personal injury awards are not taxable. This is also confirmed by looking to see if any tax documents are sent with the check.

Thank you!

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