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New Member
posted Jun 4, 2019 12:30:59 PM

I received $ 50.00 due to a settlement .Where should I report that amount?

On August 9,2004 the SEC approved a settlement against Conseco Services and established the Conseco Fair Fund.

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3 Replies
Expert Alumni
Jun 4, 2019 12:31:00 PM

Report the settlement as miscellaneous (other) income. See the FAQ below for instructions on how to enter this information in TurboTax.

https://ttlc.intuit.com/replies/3302162


New Member
Feb 5, 2020 8:37:42 AM

i cannot cash this check because it's made out o the IRA account of Louise Sedekersky and i do not an IRA account so how do i cash this  if i can't i don't have to report it 

New Member
Feb 13, 2021 8:02:16 AM

Look at the link below then scroll to FAQ #13 for information on this.

http://www.consecofairfund.com/mainpage/FrequentlyAskedQuestions.aspx