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Income on line 12 7,886 is not business it is a 1099r income from a class action lawsuit should have been listed as other income
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Income on line 12 7,886 is not business it is a 1099r income from a class action lawsuit should have been listed as other income
Yes, the class action lawsuit proceeds belong in “Other Income”, Line 21 of your Form 1040.. Please follow the instructions in the Link below. If you have any other difficulties please contact us.