What Type of Income is reported on 1099-Misc

Jan 11, 2008 2 Replies

I was hoping to find a list of types of income one must report on a



1099_Misc form, but couldn't find on at irs,gov. Does such a thing exist?

My real question is this: if a judge awards you a settlement, does the company paying the settlement report that money as 1099 income?


wrote

Some times they do. Some times it's correctly reported, other times it's not.

Did you get a settlement payment? If so, it'd be helpful to know the basic details behind it to know it's potential tax ramifications.

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