turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

BnIrene
New Member

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.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
MayaD
Employee Tax Expert

No 1099 R

What type of settlement did you receive from the lawsuit?

 

Are legal settlements taxable?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
BnIrene
New Member

No 1099 R

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

Thank you

ThomasM125
Employee Tax Expert

No 1099 R

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

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question