Hello!  

My clients have received settlement funds from a class action lawsuit against JP Morgan 401K Plan.  

The letter that came with the check states that taxes were withheld and a 1099-R would be issued.  No 1099-R was received.

I called the hotline number and it is all old news.  There is no human available and it just repeats the same message that taxes were withheld and see your 1009-R and tax advisor for more help.

I emailed JP Morgan and they said it was treated the same as a 1099-MISC.  If it was less than $600 then no taxes were withheld and no 1099 of any type was issued.

I think this should be reported on the 1040 on Line 4 for pensions but I don't think that's possible without the 1099-R.  I have included it on Line 8 of Additional Income as Other Income. 

Does anyone know the correct way?  Is there a better way, and does it even matter? 

Thanks!