Norman2001
Level 7
04-04-2024
02:04 PM
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Do you have a W-2 from the employer from a previous year? If not, your client should be able to provide one. Use the information to create a W-2 with the amount of the settlement. The settlement amount ends up on Line 1a., as it should.
I doubt that SS taxes were withheld, but you could ask your client.