https://ttlc.intuit.com/community/college-education/discussion/i-got-money-from-the-volkswagen-and-bosch-class-action-lawsuit-i-am-reporting-the-income-through-a/01/738090#M20457 Thu, 06 Jun 2019 17:02:17 GMT david-yu2250 2019-06-06T17:02:17Z https://ttlc.intuit.com/community/college-education/discussion/i-got-money-from-the-volkswagen-and-bosch-class-action-lawsuit-i-am-reporting-the-income-through-a/01/738090#M20457 Thu, 06 Jun 2019 17:02:17 GMT https://ttlc.intuit.com/community/college-education/discussion/i-got-money-from-the-volkswagen-and-bosch-class-action-lawsuit-i-am-reporting-the-income-through-a/01/738090#M20457 david-yu2250 2019-06-06T17:02:17Z https://ttlc.intuit.com/community/college-education/discussion/you-do-not-need-to-make-a-makeshift-1099-misc-related-to/01/738092#M20458 <P>You do not need to make a makeshift 1099-MISC related to this income (1098 forms usually relate to deduction items such as home mortgage interest).</P><P>Just include the income as "other reportable income" under the 1099-MISC section (One of the choices will be "This was money from a lawsuit settlement" - See Screenshot)</P><P>To enter lawsuit settlement income under the 1099-MISC section in TurboTax, log into your tax return (for TurboTax Online sign-in, click <A href="https://turbotax.intuit.com/" target="_blank">Here</A> and click on "Take me to my return") type "1099misc" in the search bar then select "jump to 1099misc". TurboTax will guide you in entering this information.<BR /></P> Thu, 06 Jun 2019 17:02:18 GMT https://ttlc.intuit.com/community/college-education/discussion/you-do-not-need-to-make-a-makeshift-1099-misc-related-to/01/738092#M20458 DS30 2019-06-06T17:02:18Z