Our Dioceses instituted an Independent Reconciliation Compensation Program (IRCP) to compensate victims of sexual abuse. If accepted is it taxable? This is not a lawsuit
03510
3 Replies
Vanessa
Level 3
Jun 6, 2019 1:40:34 AM
No, victims compensation is not taxable.
WY1
Level 1
Feb 27, 2020 7:10:31 AM
I would like to know more, same question. Is there an IRS publication I could refer to? Can't find anything on IRS website.
VictoriaD75
Expert Alumni
Feb 27, 2020 6:25:58 PM
This should provide the information you are looking for.