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Retirement tax questions
You can enter this as a lawsuit settlement. Since it was not reported on a 1099-MISC, here are the steps:
- Continue your return in TurboTax Online. (If your return isn't open, you'll need to sign in and click Take me to my return.)
- Click My Account (top right of your screen).
- Select Tools.
- In the pop-up window, select Topic Search.
- In the search bar, type lawsuit.
- In the results box, highlight lawsuit settlement, then click GO.
- Answer Yes to the question Any Other Taxable Income?
- Enter a brief description and the amount you received and click Continue.
‎June 6, 2019
8:55 AM