I totaled my car and received almost double the of fmv because I paid for car replacement assistance. is an of this taxable

[DianeW · Accepted solution]

No.  You purchased the insurance for the car with after-tax dollars which means you shouldn't have any taxable income.  Being paid double the FMV doesn't mean you were paid more than you purchased the car for originally (full price not loan pay-off).

If you didn't receive a tax document from the insurance company there is nothing to report.