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meg1
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Do I have to pay tax on donations and insurance payouts from a fire in my apartment building?

 
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‎June 1, 2019 12:07 AM
last updated ‎June 01, 2019 12:07 AM
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xmasbaby0
Level 15
Level 15

Do I have to pay tax on donations and insurance payouts from a fire in my apartment building?

No, donations or gifts that you received are not taxable, nor are your insurance payouts.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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‎June 1, 2019 12:07 AM
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xmasbaby0
Level 15
Level 15

Do I have to pay tax on donations and insurance payouts from a fire in my apartment building?

No, donations or gifts that you received are not taxable, nor are your insurance payouts.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎June 1, 2019 12:07 AM
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meg1
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Do I have to pay tax on donations and insurance payouts from a fire in my apartment building?

Thank you!
‎June 1, 2019 12:07 AM
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