https://ttlc.intuit.com/community/taxes/discussion/settlement-from-a-class-action-suit/01/2854214#M1040968 <P>I received a settlement from a class action suit because I was paid too little when the company called its preferred stock.&nbsp; Major stockholders received about $3 per share than others.&nbsp; My settlement was principal amounts and pre-judgement interest.&nbsp; I received a 199-INT for the interest but won't be receiving a 1099 for the principal.&nbsp; Since it is an underpayment of stock that was called, do I input the amount as a capital gain or just as misc. income?</P> Mon, 23 Feb 2026 13:33:46 GMT exsocal8 2026-02-23T13:33:46Z https://ttlc.intuit.com/community/taxes/discussion/settlement-from-a-class-action-suit/01/2854214#M1040968 <P>I received a settlement from a class action suit because I was paid too little when the company called its preferred stock.&nbsp; Major stockholders received about $3 per share than others.&nbsp; My settlement was principal amounts and pre-judgement interest.&nbsp; I received a 199-INT for the interest but won't be receiving a 1099 for the principal.&nbsp; Since it is an underpayment of stock that was called, do I input the amount as a capital gain or just as misc. income?</P> Mon, 23 Feb 2026 13:33:46 GMT https://ttlc.intuit.com/community/taxes/discussion/settlement-from-a-class-action-suit/01/2854214#M1040968 exsocal8 2026-02-23T13:33:46Z https://ttlc.intuit.com/community/taxes/discussion/re-settlement-from-a-class-action-suit/01/2854457#M1041044 <P>Since the settlement specifically awarded interest, you will have to add as interest income. &nbsp;You would be able to put the additional income as capital gain.</P> Thu, 02 Feb 2023 23:23:41 GMT https://ttlc.intuit.com/community/taxes/discussion/re-settlement-from-a-class-action-suit/01/2854457#M1041044 MaryK4 2023-02-02T23:23:41Z