Legal Question in Legal Ethics in California
I recently received a small settlement on a case I won. Do I have to claim this on my tax return, it was 1500 dollars?
Asked on 1/11/10, 2:05 pm
1 Answer from Attorneys
Melvin C. Belli
The Belli Law Firm
.It is not the amount, but what it is for. If it was for personal injuries then no.
Hope this helps and good luck.
Answered on 1/17/10, 7:03 pm
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