topic I received a 1099-NEC from past employer from a settlement that was paid out. I’m not self employed so how do I enter this in Get your taxes done using TurboTax

I received a 1099-NEC from past employer from a settlement that was paid out. I’m not self employed so how do I enter this

brandon_snyder81 — Wed, 02 Feb 2022 21:58:15 GMT

Re: I received a 1099-NEC from past employer from a settlement that was paid out. I’m not self em...

ColeenD3 — Wed, 02 Feb 2022 22:11:48 GMT

Please see this answer from DianeW777.

You can use these steps to report your settlement from the lawsuit. These steps will report the lawsuit 1099-NEC without adding any taxes.

Federal
Income from 1099-NEC
Fill in info from the 1099-NEC
Describe the reason for the 1099-NEC as Lawsuit Settlement
Does one of these uncommon situations apply? check This was money from a lawsuit settlement
Answer Yes Was any part of the lawsuit settlement for back wages?
Enter the amount that was for back wages