Are Legal Settlements Taxable? Tax Implications of Settlements and Judgments

If you receive a lawsuit settlement, you can expect forms related to it to start rolling in at tax time. Depending on the type and complexity of your lawsuit, you may get several different settlement reports from multiple sources, and things can get confusing in a hurry. Today we’re happy to give you an overview … Continue reading Are Legal Settlements Taxable? Tax Implications of Settlements and Judgments