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Where do we enter compensatory lawsuit settlement check in TurboTax so that it will show as non-taxable? Attorney says its non-taxable, but should be reported. No 1099.
Lawsuit was with a home contractor who refused to honor a warranty. Received one check in 2017 and will receive two more in 2018. All settlement money will go to repair the house. There are no punitive damages. We did not receive a 1099 for the 2017 check.
We have used TurboTax since 1994, so we are familiar with the program. We just can't find where to enter this settlement so that it shows as as non-taxable.
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‎June 3, 2019
5:01 PM