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Ruth suggests: July twenty five, 2023 at eight:15 am I’ve examine many thoughts on if the Large Fish Settlement was taxable or not. Some reported Certainly, Many others stated no. But does any one know very well what the IRS says? Was there at any time an official determination through the IRS? I emailed the settlement administrator that has a number of queries plus they responded that they would not be sending 1099s but that we must speak with a tax Qualified regarding how to deal with it. I read through which the IRS REQUIRES a settlement company to mail a 1099 Except if the settlement qualifies for tax exception.
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