Tax Liability – no 1099 received for wrongful death settlement?
Saturday, November 8th, 2008 at
3:22 pm
Confused123 asked:
Its after 1/31 and no 1099 rec’d for family settlement resulting from wrong ful death lawsuit which was settled last year by an arbitrator. There were no punitive damages. The claim was for negligence and resulting fall/death of our mother.
The attorney said we might have to report as income and made us fill out a W 9 form but he was unclear on whether it was reportable. He never sent 1099. Do we have to report this as income and pay taxes on this? with or without order antibiotics online 1099? How is this different than when we received monies from our mother’s estate that was not taxed.
Its after 1/31 and no 1099 rec’d for family settlement resulting from wrong ful death lawsuit which was settled last year by an arbitrator. There were no punitive damages. The claim was for negligence and resulting fall/death of our mother.
The attorney said we might have to report as income and made us fill out a W 9 form but he was unclear on whether it was reportable. He never sent 1099. Do we have to report this as income and pay taxes on this? with or without order antibiotics online 1099? How is this different than when we received monies from our mother’s estate that was not taxed.
