Question

How long do i wait for the 1099 in the mail or can I just file for it without the 1099?

Forum|Forum|5 years ago
February 11, 2021
2 replies
0 views

Last year, I filed out a W9 form for a settlement. I haven't received any tax info on it yet.

TurboTax Deluxe Online

Before filing without having received the Form 1099, you should first check with whomever was going to issue you the Form. Depending upon what kind of settlement it was, it may or may not be taxable. If it is taxable, it should be reported whether or not your receive a Form 1099.

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

A

ak_907redneckAuthor

What is it's a severance settlement?

S

sls50211

Normally a severance settlement would be reported on your W2. I would suggest checking your W2 to see if it is included in your box 1 wages. If you have not received it yet, it will included in income in the year received. If you have received it in 2020, contact your HR department to find out the tax reporting of the severance.

The pandemic has affected your taxes in many ways. Including reporting in TurboTax the amount of stimulus money you received. Click Here for more information on how the Pandemic affected your 2020 taxes.

ThickAsABrick

Employee

I would think you could simply go on-line to the provider (e.g., a brokerage house)... often electronically importing or downloading as a PDF. Most have been produced by mid-February.