My dad died from malpractice/medical negligence at a Veterans hospital. There was a settlement for 90,000. No 1099 sent. And everything I read says not taxable ?? Is it?
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
My dad died from malpractice/medical negligence at a Veterans hospital. There was a settlement for 90,000. No 1099 sent. And everything I read says not taxable ?? Is it?
My dad died from malpractice/medical negligence at a Veterans hospital. There was a settlement for 90,000. No 1099 sent. And everything I read says not taxable ?? Is it?
No, it is not taxable. The IRS says that settlements based on physical injury are not includible in income.
**Say "Thanks" by clicking the thumb icon in a post **Mark the post that answers your question by clicking on "Mark as Best Answer"
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.