TurboTax

Level 2

Question

No 1099 R

I have income from a lawsuit settlement. I didn't receive a 1099. It is taxable income. Where and how do I put it in the 1040 form.

Thank you.

Alumni - Intuit

What type of settlement did you receive from the lawsuit?

Are legal settlements taxable?

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Level 2

Please be more specific. I received "damages"- not personal injury related- all income from the settlement is taxable.

Thank you

Alumni - Intuit

You can enter that as "other income" as follows:

1. From the Federal menu in TurboTax find Wages and Income

2. Find Less Common Income

3. Choose Miscellaneous Income, 1099-A, 1099-C

4. Choose Other Reportable Income

5. Enter a description of the income and the amount

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