Re: settlements and taxes

Posted by Linda on January 18, 2002 at 22:40:33:

In Reply to: settlements and taxes posted by wiggs on January 18, 2002 at 15:40:22:

If you get a 1099, you must file it as ordinary income. If you don't get one, don't worry about it. Technically, it is taxable. If they send it later you can just file it the next year. Give them until January 31 - that's the cut off date for 1099's and W-2's

Linda

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