You'll need to sign in or create an account to connect with an expert.
No, you do not have to file the money that you received for your car replacement on your tax return. Car insurance payouts are not considered (taxable) income.
No, you do not have to file the money that you received for your car replacement on your tax return. Car insurance payouts are not considered (taxable) income.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
el501
Level 1
GC34
New Member
dgdunham
Level 1
yanks772
Returning Member
missjessmckenzie
New Member
Did the information on this page answer your question?
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.