Skip to main content
Level 5
February 13, 2023
Solved

Voya class action settlement payments taxable?

  • February 13, 2023
  • 1 reply
  • 13 views

Voya class action settlement payments taxable? $350 received , no 1099.  Damages for COI rate change that violated terms of policies.

 

Thank you 

This topic has been closed for replies.
Best answer by mm1

Yes they are taxable as Other Income

1 reply

mm1Answer
Level 5
February 13, 2023

Yes they are taxable as Other Income