- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Delete your entry and re-enter it. Give a description and on the follow-up screen that asks about uncommon situations, choose this money was from a lawsuit settlement. When the dropdown question appears (was it for back wages) answer YES (even though the answer is NO) and then enter $0 as the amount of back wages.
The other option is to use the sporadic or hobby income selection. Either one of these options will put the income on Line 8z of Schedule 1.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 6, 2024
5:45 PM