Do You Have to Pay Taxes on a Personal Injury Settlement?

November 11, 2021

Do You Have to Pay Taxes on a Personal Injury Settlement?

Personal injury lawsuits have the potential to award large sums of money to the injured parties. Often, people do not think of whether such settlements are taxed by the IRS or should be reported as income. While you should always seek the advice of an accountant with tax questions, there are simple answers that can

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