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.
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What type of settlement did you receive from the lawsuit?
Please be more specific. I received "damages"- not personal injury related- all income from the settlement is taxable.
Thank you
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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