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Without knowing the details of the settlement that should be available to you, I can only guess that the amount on a W-2 is for wages that were not paid so they are now treated as wages that you should have received and are taxed as such, and the amount on the 1099-MISC is for damages in excess of wages that is taxed as miscellaneous income.
@macuser_22 How much is the tax rate for the 1099-misc? I’m trying to find out how much I will actually be receiving from the settlement after taxes
If miscellaneous income in box 3 then it is simply taxed as ordinary income at whatever your tax rate is based on all of your income.
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