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No, You do not have to claim and pay taxes on a settlement you won against your landlord for your security deposit and overpayment of rent.
The security deposit and rent you gave the landlord is your money. However, if the Court awarded you interest, it is possibly taxable income and you should declare it as other interest earned on your tax return.
No, You do not have to claim and pay taxes on a settlement you won against your landlord for your security deposit and overpayment of rent.
The security deposit and rent you gave the landlord is your money. However, if the Court awarded you interest, it is possibly taxable income and you should declare it as other interest earned on your tax return.
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