My client was in an accident in 2021 and received Income Replacement Income from his insurance company. I need to report his on their tax return but I only received a Statement with direction stating "Please make sure your accountant is aware that there is no income tax payable on any income replacement benefit you have received". How do I report this on TurboTax 2021 when its only asking for T4 or T4A information. They will not receive a T4 slip for this.
Thank you