Submitted by JGreenAZ t3_yia3m6 in personalfinance
oscarwinner88 t1_iujf418 wrote
Reply to comment by wilsonhammer in getting a nice chunk of money next month. by JGreenAZ
Sometimes it’s taxable and sometimes it’s not, it depends on what type of settlement it is. OP, you should ask your lawyer to give you information in writing about which (if any) portions of your settlement are taxable.
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