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January 21, 2021
Question

I received a gross distribution for a legal settlement from Transamerica with withholding tax taken out but did not receive a 1099 form yet.How do I enter that income ?

  • January 21, 2021
  • 1 reply
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The gross distribution was for $ 734.61 with withholding of $ 73.46,  The fee component was $ 674.45 and the interest component was $ 60.16.

1 reply

Employee
January 22, 2021

You must wait for the 1099 form. They have until Jan 31 to send it to you.