Do I need to pay taxes on caregiver money that I receive from a court settlement for being a guardian of a disabled person

[JohnB5677]

The key question to ask is: "What was the settlement intended to replace?"

• If this was payment (like wages) for the care of the disabled person, it is taxable.
• If it was reimbursement of expenses, it would not be.

If this was compensation for wages, please see the TurboTax article Family Caregivers and Self-Employment Tax for some tax guidelines.

[Eliut]

Here are IRS special rules for caregivers and self-employment. https://www.irs.gov/businesses/small-businesses-self-employed/family-caregivers-and-self-employment-...