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February 28, 2022
Question

Is payments from a class action lawsuit taxable if I did not receive a 1099=MISC form?

  • February 28, 2022
  • 1 reply
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1 reply

February 28, 2022

Yes, payments received from a class action lawsuit are taxable, even if you did not receive a tax form such as a 1099-MISC.

 

Please read this IRS document for more information.

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