- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
It depends on the nature of the settlement you received.
Some settlements are taxable while others are not.
Please read the following IRS documents regarding settlements and their taxability:
https://www.irs.gov/pub/irs-pdf/p4345.pdf
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
May 31, 2019
8:06 PM