I received a settlement check from my landlord in California. How will I be taxed on this settlement?

posted

Connect with an expert

2 Replies

I received a settlement check from my landlord in California. How will I be taxed on this settlement?

if you deducted the rent or part thereof, then the refund or the pro-rata portion thereof will be taxable - tax benefit rule. if you didn't then only something like interest included in the settlement would be taxable.

I received a settlement check from my landlord in California. How will I be taxed on this settlement?

I haven't deducted any rent from my taxes. The settlement was for rent board violations. Does that change anything?

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

I received a settlement check from my landlord in California. How will I be taxed on this settlement?

I received a settlement check from my landlord in California. How will I be taxed on this settlement?

I received a settlement check from my landlord in California. How will I be taxed on this settlement?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

I received a settlement check from my landlord in California. How will I be taxed on this settlement?

Do you have an Intuit account?

I received a settlement check from my landlord in California. How will I be taxed on this settlement?

I received a settlement check from my landlord in California. How will I be taxed on this settlement?

Unlock tailored help options in your account.

Get more help

Related Content