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My daughter won a settlement from a dog bite and I wasn't aware she would receive a 1099INT this year so it was not included on my return. What do I do with it now?

I have already filed my taxes and it is over the amount that's makes it required to be reported.
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1 Reply
ThomasM125
Employee Tax Expert

My daughter won a settlement from a dog bite and I wasn't aware she would receive a 1099INT this year so it was not included on my return. What do I do with it now?

Your daughter could file her own return and report the interest and pay the applicable tax. You have the option to report her income on your return under certain circumstances, but it is not required. Your other option is to file an amended return for yourself in TurboTax that you can do for free.

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