Skip to main content
February 27, 2025
Solved

lawsuit settlement

  • February 27, 2025
  • 1 reply
  • 0 views

A settlement payment was received in a class action lawsuit in 're Apple Inc. Device Performance Litigation'.  However, a 1099-MISC was not received.  How to I report the income from this settlement in Turbo tax?

 

    Best answer by ThomasM125

    You can make that entry in TurboTax as follows:

     

    1. From the Federal menu in TurboTax find Wages and Income 

    2. Find Less Common Income

    3. Choose Miscellaneous Income, 1099-A, 1099-C

    4. Choose Other Reportable Income

    5. Enter a description of the income and the amount

    1 reply

    February 28, 2025

    You can make that entry in TurboTax as follows:

     

    1. From the Federal menu in TurboTax find Wages and Income 

    2. Find Less Common Income

    3. Choose Miscellaneous Income, 1099-A, 1099-C

    4. Choose Other Reportable Income

    5. Enter a description of the income and the amount

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"