Legal Question in Disability Law in California
litigation settlements
Are litigation settlements taxable?
Asked on 5/20/07, 2:59 am
1 Answer from Attorneys
Michael Kirschbaum
Law Offices of Michael R. Kirschbaum
Re: litigation settlements
It depends on what the litigation is for. Without knowing more, it is impossible to answer. But you should ask your tax advisor before making any decisions regarding any recovery.
Answered on 5/22/07, 4:57 pm
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