Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Where to enter 1099-Misc stated as other income from a lawsuit settlement?

nfnygaard
Level 2

When I enter it it comes up taxable and should be a non taxable item?

So...where is the proper place to enter as non taxable item?

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

3 Comments 3
Just-Lisa-Now-
Level 15
Level 15
why is it non taxable? generally you wouldnt be issued a 1099MISC for a non taxable settlement.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
poolcleaner
Level 9

If someone received a 1099-Misc from a personal injury lawsuit, they should contact the payer about sending a corrected 1099 .

 

AT3
Level 1

Where and how is it entered?  is it other income?

0 Cheers