doctor's practice class action settlement taxable

[arejfour]

During the year I typically get several class action settlements regarding stocks that I own. I always declare those amount as taxable. This year I rec'd a settlement of $150 regarding a hack of a doctor's office customer data base. The remittance advise made no statement one way or another if this was a taxable event. So, is this a taxable event for me? I look forward to anyone's comments. Thanks

[Bsch4477]

It would be taxed. 
https://www.irs.gov/government-entities/tax-implications-of-settlements-and-judgments

[Opus 17]

If this is compensation for an actual financial loss (such as the cost of identity theft restoration services) then it would probably not be taxable unless the settlement exceeded the loss.  However, since this is probably a settlement for loss of privacy and possible future loss, it's taxable. 

Also note that settlements for losses on the value of stocks you own (such as due to company mismanagement or malfeasance) might be eligible to be treated as capital gains income rather that ordinary income, and taxed at a lower rate.  We can discuss that in more detail if you like.