Tax implications of Qualcomm class action lawsuit reimbursement

WalmartLabs / Eng data_ads
Apr 10, 2018 9 Comments

My wife received a check related to the class action lawsuit settlement. She is also thinking that there was a tax document that came with it. We cannot find it anywhere now.

So how should we report that amount on our tax return? Is anybody else facing the sane issue?

Edit: Now I am sure that there was a W2. I am just exploring what my options are if we cannot find it.

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TOP 9 Comments
  • Qualcomm Goog-
    It’s not reported but can double check. You report that Check as additional supplemental income and add to your final taxable income
    Apr 10, 2018 2
    • WalmartLabs / Eng data_007
      So did you receive a separate W2?
      Apr 10, 2018
    • WalmartLabs / Eng data_007
      Do you who sent the W2? We can contact them and ask if they can resend it.
      Apr 10, 2018
  • Microsoft 4655434b
    Was the class action wage related? If not, it may not be taxable
    Apr 10, 2018 1
    • WalmartLabs / Eng data_007
      It was wage related.
      Apr 10, 2018
  • SK hynix ramukaka
    You should have received a separate W-2 or a 1099 document.
    Apr 10, 2018 1
    • WalmartLabs / Eng data_007
      Ya... I think our best bet is to ask our friends who have received same amount of credit.
      Apr 10, 2018
  • Google usurper
    I think it might just be included in your W-2
    Apr 10, 2018 1
    • WalmartLabs / Eng data_007
      Probably that is the tax document that we can’t find 😐
      Apr 10, 2018

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