Discrimination suits are taxable.
See Are legal settlements taxable?
https://ttlc.intuit.com/questions/2899059-are-legal-settlements-taxable
To report in TurboTax Desktop
Discrimination suits are taxable.
See Are legal settlements taxable?
https://ttlc.intuit.com/questions/2899059-are-legal-settlements-taxable
To report in TurboTax Desktop
Not compensatory damages where there is physical sickness and/or physical injury. Non the less, the Insurance Co. issued a 1099 mics (CYA I expect). The 'stock answer" is not what I was hoping for, the advice about "deductatbility" was provided me by an attorney AND the EEOC themselves. What I need is HOW to properly report the 1099, without it developing the whooping $33,000 in tax in the amount you owe field?