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March 9, 2021
Question

money received from a settlement fund

  • March 9, 2021
  • 1 reply
  • 0 views

I received a check from the Helping American Group settlement fund.  Do I declare this money as income. if so I didn't receive a tax form from the Federal Trade Commission (FTC).  

    1 reply

    March 9, 2021

    this was a scam.  if you deducted what you lost then the recovery is taxable.