Solved: I received a settlement from a class action lawsuit but not a 1099-MISC form, probably because the amount was less than $25.
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

I received a settlement from a class action lawsuit but not a 1099-MISC form, probably because the amount was less than $25.

 
1 Best answer

Accepted Solutions
Highlighted
New Member

I received a settlement from a class action lawsuit but not a 1099-MISC form, probably because the amount was less than $25.

You can still report this income.

Enter it in the Other Reportable income interview, found under Federal Taxes, Wages & Income, Less Common Income, Miscellaneous iIncome. 

See attached screen shots to help you navigate.

View solution in original post

1 Reply
Highlighted
New Member

I received a settlement from a class action lawsuit but not a 1099-MISC form, probably because the amount was less than $25.

You can still report this income.

Enter it in the Other Reportable income interview, found under Federal Taxes, Wages & Income, Less Common Income, Miscellaneous iIncome. 

See attached screen shots to help you navigate.

View solution in original post

v
Privacy Settings