Re: Class action lawsuit settlement check recording category?
Rocket J Squirrel <[email protected]>
| Newsgroups | alt.comp.software.financial.quicken |
|---|---|
| Message-ID | <[email protected]> |
I created a category named "Legal Settlement" for this. You can name it whatever you like. I have never been clear on whether this is taxable, but if it were, I'd assign the tax line item "Form 1040:Other income, misc." The amounts are always too small to affect the bottom line of my 1040 anyway.