Hi,
I took a cash and keep settlement and get conflicting responses as to ether it is taxable or not.
Basically bought a new car, car was constantly in the shop for repairs to the same issue. Was at the dealer for 3 months each time several times.
Got a lemon lawyer, and got a cash and keep settlement. Original issue with car is still not fixed, but something I can live with.
My cash and keep settlement got sent from manufacturer to lemon lawyer who took out 1/3 ad his fee and got sent the remainder. Is this settlement taxable?
