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How to enter lemon lawsuit settlement

onismish
Level 1
Has 1099 Misc for lemon lawsuit settlement.  Know how to enter in TurboTax but not Proconnect
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2 Comments 2
BirminghamBert
Level 3

Go to Income, then go to SS benefits, Alimony, Misc income. Scroll down to Other income (click button to expand).

I usually just put "Class action proceeds" and then amount.

Hope this helps.

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onismish
Level 1

Thanks so much.  But, how do you enter expenses against the 1099?  Total received in 1099nwas $125,000 but that is not the fmv of the car.  

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