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Directive 491.1 Settlement of Claims for Unpaid Compensation Due Deceased Employees Page 1 of 5Directive 491.1
4/26/74ACTION BY:All Divisions and Offices
Settlement of Claims for Unpaid Compensation
Due
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What is 1 - settlement of?
The 1 - settlement is a form for reporting income and deductions related to settlements.
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Any taxpayer who received a settlement payment during the tax year is required to file the 1 - settlement form.
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The 1 - settlement form can be filled out by providing the necessary information about the settlement payment received and any related deductions.
What is the purpose of 1 - settlement of?
The purpose of the 1 - settlement form is to report income and deductions related to settlements for tax purposes.
What information must be reported on 1 - settlement of?
The 1 - settlement form must include details about the settlement payment received, any deductions related to the settlement, and any other relevant information.
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