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dromero89
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Where/how do i put the income from my dismembermernt check?

I received a check from prudential life insurance for 60k due to dismemberment. is that income taxable? how or where do i declare it?
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Where/how do i put the income from my dismembermernt check?

You don't have to pay taxes on this and it does not need to be declared on your return. 

Compensation you receive for permanent loss or loss of use of a part or function of your body, or for your permanent disfigurement. This compensation must be based only on the injury and not on the period of your absence from work. These benefits are not taxable even if your employer pays for the accident and health plan that provides these benefits. 

The above is from page 19 of 40 of the IRS Publication 525.  The link is: https://www.irs.gov/pub/irs-pdf/p525.pdf

Note: The IRS has not updated the Publication 525 for 2016, however this law has not changed. 

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Where/how do i put the income from my dismembermernt check?

You don't have to pay taxes on this and it does not need to be declared on your return. 

Compensation you receive for permanent loss or loss of use of a part or function of your body, or for your permanent disfigurement. This compensation must be based only on the injury and not on the period of your absence from work. These benefits are not taxable even if your employer pays for the accident and health plan that provides these benefits. 

The above is from page 19 of 40 of the IRS Publication 525.  The link is: https://www.irs.gov/pub/irs-pdf/p525.pdf

Note: The IRS has not updated the Publication 525 for 2016, however this law has not changed. 

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