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Author: snippee Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 120809  
Subject: Litigation Settlement - no 1099-MISC Date: 3/31/2013 5:17 PM
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Hello experts,

We received $46.82 last year as part of a class action litigation settlement fund. When the check arrived, I saved the stub and the short explanatory note that came with it, part of which reads:

"Because the tax treatment of this distribution varies based on the recipient's tax status, the Claims Administrator cannot determine the appropriate tax reporting for any recipient. You should consult your tax advisor to determine the tax consequences, if any, of this distribution to you."

We didn't get a 1099-MISC but figured it goes under Miscellaneous Income. Am I mistaken?

Thanks, as always, for your help.
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