IF I WAS IN A CAR ACCIDENT SETTLEMENT AND I PAID THE MEDICAL BILLS WITH THE SETTLEMENT

mejessicam · ‎June 1, 2019

MaryK1 · ‎June 1, 2019

If the settlement is compensatory- meaning it paid your medical bills and/or property damage- it is not taxable income. If there were any punitive damages or pain and suffering-that may be taxable income

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MaryK1 · ‎June 1, 2019

If the settlement is compensatory- meaning it paid your medical bills and/or property damage- it is not taxable income. If there were any punitive damages or pain and suffering-that may be taxable income

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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IF I WAS IN A CAR ACCIDENT SETTLEMENT AND I PAID THE MEDICAL BILLS WITH THE SETTLEMENT