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I did not receive a 1099-MISC for a lawsuit settlement for a physical injury. Will I receive one and do I need to claim it?

 
1 Reply
KatrinaB
Intuit Alumni

I did not receive a 1099-MISC for a lawsuit settlement for a physical injury. Will I receive one and do I need to claim it?

If a form 1099-misc was sent, you probably would've received it by now. If you do receive one, then you'll need to file it. However, these types of settlements are not usually reported to the IRS.

For more information on this topic, please view the answer link below.

https://ttlc.intuit.com/replies/5857827

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