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Ruth says: July 25, 2023 at eight:15 am I’ve go through numerous views on whether or not the Big Fish Settlement was taxable or not. Some claimed Certainly, Other folks reported no. But does any person know what the IRS says? Was there at any time an official perseverance because of the IRS? I emailed the settlement administrator that has a number of thoughts and so they responded that they would not be sending 1099s but that we need to speak with a tax Specialist visit about how to deal with it. I read that the IRS REQUIRES a settlement corporation to send out a 1099 Except the settlement qualifies for tax exception.
With their latest rate, it’s Virtually particular which they’ll improve their choices and polish any rough edges. We eagerly await to revisit the site in a very number of years and see what new and thrilling Tremendous capabilities they’ve extra.
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