- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Hi Marilyn
I have similar situation with a lemon law claim. I have settled with the manufacturer for a settlement of 17,000. The lawyers fee is minus 4000. So I'll get a check for about 13,000.
I paid 62000 and change for the vehicle in 2023.
I am keeping the car and not selling it.
So does this mean that I subtract the 17,000 from 62,000? Or do I subtract it from what the fair market is now? I am still making payments on it.
‎July 16, 2024
10:56 PM