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Do i have to include an insurance settlement for home repairs?
I had a lawsuit for on my insurance company for roof damage.
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June 1, 2019
12:16 AM
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Get your taxes done using TurboTax
No. If this is for your personal residence, unless your insurance proceeds were more than the damages to your home, the insurance settlement would not be taxable.
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June 1, 2019
12:16 AM