jpmh
Level 3
03-16-2020
06:40 PM
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No - actually she thinks there will be additional funds from the class action in 2020.
Jumping ahead - I'm assuming your question leads to perhaps we should not report the loss in 2019 either while we wait for the additional funds. That makes sense.
If I am in synch with you, I'm still at a loss on how to exclude the $35K reported on the 1099-MISC from taxable income in 2019.