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Get your taxes done using TurboTax
Settlement agreements cannot make money nontaxable. Taxability goes by IRS rules and tax law. What sometimes happens is the award is just increased to give you additional money to pay the taxes.
Taxability probably goes back to reason the insurance company originally funded the trust
Taxability probably goes back to reason the insurance company originally funded the trust
‎June 1, 2019
11:33 AM