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March 23, 2021
Question

I received $153+ as part of a class action law suit. How do I report this income?

  • March 23, 2021
  • 1 reply
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1 reply

March 23, 2021

You can report this amount as Other Reportable Income.

 

In TurboTax, open your return and follow these steps:

  • Click on Federal in the left-hand column, then on Wages and Income on top of the screen
  • Scroll down to All Income, locate the Less Common Income section
  • Click Show more and click Start next to Miscellaneous Income at the bottom
  • On the next page, click Start next to Other Reportable Income.
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