- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The money you got back actually reduces the cost you incurred in doing business with them.
Court-ordered restitution payments are after-tax dollars being returned
to you and are not taxable.
Restitution is only to offset your actual loss, it should not be considered income or profit.
‎June 6, 2019
12:45 AM