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February 27, 2022
Question

Where do list a 1099-Misc thats income from a mass arbitration settlement fund?

  • February 27, 2022
  • 1 reply
  • 0 views
I received it from Century Link

1 reply

February 27, 2022

This would be entered as Other Income.

 

In TurboTax Online:

  • Go to Other Common Income in the Income & Expenses section,
  • Click Start at the 1099-MISC box
  • Enter info from 1099-MISC,
  • Describe the reason for this 1099-MISC, and Continue
  • Does one of these uncommon situations apply?, Choose None of these apply and Continue
  • Check that No, it didn't involve work like my main job
  • How often did you get income for Mass Arbitration Settlement Fund, Choose I got it in 2021 and Continue
  • Did the Settlement Fund involve an intent to earn money, Choose, No, it didn't …. And Continue

 

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