You'll need to sign in or create an account to connect with an expert.
The W-2 income would be reported as wages.
I don't know what you mean by "non-taxed income" from class action settlement? Do you mean it hasn't been taxed before, or supposed to be non-taxable? I would be very careful about treating it as non-taxable.
To be non-taxable, it generally must relate to medical payments. Otherwise, unless you have written instructions that it is non-taxable for federal purposes, backed by why it's non-taxable, you should report it.
It would be reported as misc other income.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
monuma
Level 1
shantihuang393
New Member
OhTheQuestions
Level 3
eboerr
New Member
user17757874622
New Member