My house, outbuildings, everything including trees burnt in a forest fire allegedly started due to negligence of a utility company. My homeowners insurance paid me for the damage done to structures, gardens, farm equipment and things like the well, but a suit was started for items that were personal and could not be replaced and etc. At a settlement, I received $500,000 less $200,000 that I agreed to being charged for attorney fees, expert fees, and others hired by my attorneys for their expertise in various professional fields. Am I liable for the taxes on the entire amount of $500,000?
