TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Level 1

Question

How should a 1099 misc be filled out for a personal injury settlement

Forum|Forum|7 years ago
June 6, 2019
1 reply
0 views

I was told my lawyer that settled my claim I would not have to pay taxes on an injury settlement. Why did I get this form with box 7 filled in with my settlement amount?

TurboTax Home & Biz Windows

Level 9

Here are the steps to enter your 1099-MISC for a personal injury settlement:

Select Personal (top of page) then Personal Income
Select I'll choose what I work on
Under Other Common Income, select Start next to Income from Form 1099-MISC
Answer the questions about who paid you and entering federal ID number and enter the amount from box 7
Select Continue and on next page describe the reason for the 1099-MISC
On the next page, check the box that reads This was money from a lawsuit settlement

Click on screenshots for detail