https://ttlc.intuit.com/community/retirement/discussion/are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result-of-a/01/2815492#M183383 This money was based on a court case between the State of Illinois and Facebook in a California Court Mon, 23 Feb 2026 10:54:40 GMT oldradio99 2026-02-23T10:54:40Z https://ttlc.intuit.com/community/retirement/discussion/are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result-of-a/01/2815492#M183383 This money was based on a court case between the State of Illinois and Facebook in a California Court Mon, 23 Feb 2026 10:54:40 GMT https://ttlc.intuit.com/community/retirement/discussion/are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result-of-a/01/2815492#M183383 oldradio99 2026-02-23T10:54:40Z https://ttlc.intuit.com/community/retirement/discussion/re-are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result/01/2815510#M183384 <P><SPAN style="font-family:Arial, Helvetica, sans-serif;font-size:14px;">Yes, according to the </SPAN><A href="https://www.irs.gov/government-entities/tax-implications-of-settlements-and-judgments" target="_blank"><SPAN style="background-color:rgb(255,255,255);color:rgb(27,27,27);font-family:Arial, Helvetica, sans-serif;font-size:14px;">Internal Revenue Code (IRC) Section 61</SPAN></A><SPAN style="background-color:rgb(255,255,255);color:rgb(27,27,27);font-family:Arial, Helvetica, sans-serif;font-size:14px;">, all income is taxable from whatever source derived, unless exempted by by IRC Section 104. Please view this </SPAN><A href="https://ll income is taxable from whatever source derived, unless exempted by another section of the code. IRC Section 104" target="_blank"><SPAN style="background-color:rgb(255,255,255);color:rgb(27,27,27);font-family:Arial, Helvetica, sans-serif;font-size:14px;">link</SPAN></A><SPAN style="background-color:rgb(255,255,255);color:rgb(27,27,27);font-family:Arial, Helvetica, sans-serif;font-size:14px;"> for the list of exclusions.</SPAN></P> Thu, 12 Jan 2023 22:32:40 GMT https://ttlc.intuit.com/community/retirement/discussion/re-are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result/01/2815510#M183384 DaveF1006 2023-01-12T22:32:40Z https://ttlc.intuit.com/community/retirement/discussion/re-are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result/01/2815515#M183385 <P>Link to exclusion is not working</P> Thu, 12 Jan 2023 22:39:09 GMT https://ttlc.intuit.com/community/retirement/discussion/re-are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result/01/2815515#M183385 oldradio99 2023-01-12T22:39:09Z https://ttlc.intuit.com/community/retirement/discussion/re-are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result/01/2815535#M183387 <P><SPAN style="font-family:Arial, Helvetica, sans-serif;font-size:14px;">Here's a information that describes settlements that aren't taxable and other information.</SPAN></P> <UL> <LI><A href="https://ttlc.intuit.com/turbotax-support/en-us/help-article/legal-issues/legal-settlements-taxable/L3nHlAmXd_US_en_US?uid=lctp9z1a" target="_blank"><SPAN style="font-family:Arial, Helvetica, sans-serif;font-size:14px;">Are legal settlements taxable?</SPAN></A></LI> <LI><A href="https://ttlc.intuit.com/community/entering-importing/help/where-do-i-enter-an-award-from-a-taxable-legal-settlement/00/26107#:~:text=Legal%20settlements%20that%20are%20taxable,as%20a%20Form%201099%2DINT." target="_blank"><SPAN style="font-family:Arial, Helvetica, sans-serif;font-size:14px;">Where do I enter the award for a taxable legal settlement?</SPAN></A></LI> </UL> Thu, 12 Jan 2023 23:10:04 GMT https://ttlc.intuit.com/community/retirement/discussion/re-are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result/01/2815535#M183387 DianeW777 2023-01-12T23:10:04Z https://ttlc.intuit.com/community/retirement/discussion/re-are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result/01/2959821#M194528 <P>How is the $397 Facebook settlement reported in my HR Tax Cut program? I never received anything in the mail for tax reporting but want to make sure to include it.</P> Fri, 17 Mar 2023 11:24:59 GMT https://ttlc.intuit.com/community/retirement/discussion/re-are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result/01/2959821#M194528 aetos921 2023-03-17T11:24:59Z https://ttlc.intuit.com/community/retirement/discussion/re-are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result/01/3018816#M199208 <P>I guess under 1099-misc but unclear at this point</P> Tue, 11 Apr 2023 00:09:15 GMT https://ttlc.intuit.com/community/retirement/discussion/re-are-funds-from-a-litigation-settlement-taxable-we-received-checks-from-facebook-as-a-result/01/3018816#M199208 tataia 2023-04-11T00:09:15Z