Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
sus
New Member

I had a law suit settled this year. Do I have to enter the money I collected even though it is tax free? And if so where do I enter it.

 
1 Best answer

Accepted Solutions
Sally71
New Member

I had a law suit settled this year. Do I have to enter the money I collected even though it is tax free? And if so where do I enter it.

I suggest you talk to your lawyer who helped you.  

View solution in original post

2 Replies
Sally71
New Member

I had a law suit settled this year. Do I have to enter the money I collected even though it is tax free? And if so where do I enter it.

I suggest you talk to your lawyer who helped you.  

I had a law suit settled this year. Do I have to enter the money I collected even though it is tax free? And if so where do I enter it.

Please contact Revenue Canada to get a more detailed answer on your taxes in regards to the money you collected from your lawsuit. Contact CRA Phone: 1-800-959-8281