Is a return required to be filed if the client received a lawsuit settlement of $11?

rlsc · ‎07-15-2020

She is not required to file otherwise. SS income $32,538., pensions $2,179. No other income. The settlement was not personal injury. It was citicorp re a 401 K. She did not have a 1099-misc although I think they sent one to her.

Just-Lisa-Now- · ‎07-15-2020

Not personal injury, and you think a 1099 was probably issued, sounds like a filing requirement may exist.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

George4Tacks · ‎07-15-2020

When in doubt, file.

Answers are easy. Questions are hard!

Just-Lisa-Now- · ‎07-15-2020

oh you said only eleven dollars? LOL dont worry about it, no filing requirement for that.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Is a return required to be filed if the client received a lawsuit settlement of $11?

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