You'll need to sign in or create an account to connect with an expert.
I have the same problem! What to do about it?
We need you to clarify and provide some additional tax information about your tax situation. The previous poster you reference seemed to have an issue with entering an EIN. Is finding/entering the EIN your tax issue? Also, what type of income are you trying to report? Many on this post seemed to have legal settlements to report. If you can provide additional information, we can better understand your tax situation.
Yes, It's about a legal settlement check which appeared with no 1099-MISC and hence no EIN.
What type of settlement did you receive?
Physical injury or sickness settlements (dog bites, mesothelioma, etc.) are nontaxable and don't need to be reported unless you deducted medical expenses related to the injury on a previous tax return and you received a tax benefit from the deduction. In that case, report the medical expenses related to the incident as miscellaneous (other) income.
To report taxable legal settlements not reported on a 1099-MISC:
I'm having the same issue: in 2022 I received a check for a settlement reward with no EIN.
-The case is Facebook Biometric Information Privacy Litigation. (Facebook allegedly violated the privacy of users in my state by misusing biometric information but FB is not admitting fault, just settling the case.)
-No physical injury or physical sickness is involved, no lost wages or profits, and no loss-in-value of property.
Turbotax is not allowing me to file electronically without the EIN; it gives me a message saying I will have to file by mail. Is there any way around this?
Oops, never mind. I just used the link you recommended and everything is fine! Thanks for the suggestion.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
btlfostee
New Member
RJVM
Level 1
rexemurray
New Member
ejpop1-yahoo-com
New Member
adamhurwitz
Level 3
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.