I received less than 200 dollars of identity theft settlement funds from data breach class action lawsuit in 2021, the funds were used to reimburse the money I spent on gas/postage to resolve the identity theft issues as well as to compensate for the time I spent in dealing with the identity theft. I didn't receive a 1099-misc form. Do I need to report this income in Turbotax and if yes where? Thanks.
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If you did not receive a form then follow these steps to enter your lawsuit settlement:
If you have any interest earned on a lawsuit settlement this is also taxable income and should be entered as a Form 1099-INT (search for 1099-INT).
Please see Are legal settlements taxable? for additional information.
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