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settlement refund for a defective product and received a 1099-misc
I negotiated a settlement for a defective product and the company issued a refund. I received a 1099-misc for that amount from that company. It is not income. How can I file the 1099-misc without that amount being calculated as taxable? Please advice. Thanks to anyone who can help.
March 7, 2020
10:25 PM