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February 12, 2021
Question

I received lost wages from a personal injury protection claim through an auto accident. How do I put that income on my taxes?

  • February 12, 2021
  • 1 reply
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1 reply

February 15, 2021

Reporting amounts such as this can be tricky.  Did you receive a Form 1099 of some flavor – i.e., 1099-MISC, 1099-NEC?  Or a W-2?

How – and if – this is entered on your return depends largely on how it is reported to you by the payer.

Please feel free to provide additional information in another post.