angiinkc1
Returning Member

Critical illness

I have a critical illness policy that I pay for post-tax through my employer.  I was diagnosed with cancer and received a payout of 20,000.  I was told this was not taxable at the time, but then received a 1099 misc with box 3 filled in for 20,000.  How do I account for this in Turbo Tax?  Do I have to pay taxes on it?