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You should report the class action payment as "Other Income" on your tax return. In general, proceeds from a class action lawsuit settlement are taxable unless they are for physical harm, discrimination, loss of income, or a devaluation of an investment. For more information, please see IRS Tax Implications of Settlements and Judgements.
Please follow the instructions from this TurboTax Help Article to enter your income without a Form 1099:
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