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fiyaro1
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I received winnings from a court case, where do I enter that

 
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1 Reply
MinhT
Expert Alumni

I received winnings from a court case, where do I enter that

It depends on the nature of the settlement you received.

Some settlements are taxable while others are not.

Please read the following IRS documents regarding settlements and their taxability:

https://www.irs.gov/pub/irs-pdf/p4345.pdf


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