That it depends on if it was a taxable or untaxable settlement.
Here's a very brief and simple explaination on the difference. You may want to consult a tax professional if you are unsure.
http://www.taxmama.com/AskTaxMama/267/267irs.html
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Submitted 854 days ago...
That it depends on if it was a taxable or untaxable settlement.
Here's a very brief and simple explaination on the difference. You may want to consult a tax professional if you are unsure.
http://www.taxmama.com/AskTaxMama/267/267irs.html
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