It depends. If there is no physical injury or physical medical condition report your settlement as follows if you did not receive a 1099-R and you did receive a tax document such as a 1099-MISC: Where do I enter an award from a taxable legal settlement? Are legal settlements taxable?A tax document would indicate it is a taxable settlement.

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Question

How do I report income that came from partner investment (via IRA distributions & personal injury settlement)?

Forum|Forum|11 months ago
April 14, 2025
1 reply
0 views

No text available

DianeW777

It depends. If there is no physical injury or physical medical condition report your settlement as follows if you did not receive a 1099-R and you did receive a tax document such as a 1099-MISC:

A tax document would indicate it is a taxable settlement.

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