Opus 17,If I receive a 1099 for the $40k settlement in 2022 and traded in the car in 2022, would I still need to report the 1099 income in my Form 1040 as well ...
Champ,if I eventually receive a 1099 for the $40k settlement how should I record it in Turbo Tax since I’m reporting a long term net gain that includes it? Than...
So if my adjusted basis in the example is $6k ($46k original purchase price - $40k settlement), and I traded the car in this year (2022) on a new car and the tr...
To all the Turbo Tax Alumni,I've read several of the recommendations on how to report the gain or loss on a cash and keep lemon law settlement and I'm still not...
