Do I need to pay income taxes on a law suit settlement?
I received about 16k to settle a lawsuit in 2024. This was a lawsuit related to illegal penalties and fees charged to me by a property management company, not a medical suit or emotional damages or anything. I forgot about it and filed my taxes. I have not received any documentation, like a 1099, from the company that paid me. Now I am panicking that I have to redo my taxes.