Legal Question in Tax Law in California
Loss of Consortium
Is a award for loss of consortium with the original case due to an injury taxable?
Asked on 2/07/08, 1:47 pm
1 Answer from Attorneys
Donald Field
Donald L. Field, Jr., Attorney at Law
Re: Loss of Consortium
if the loss of consortium resulted from a "personal physical injury" for which the award was granted, that part of the award is also non taxable as income.
see:
http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000104----000-.html
Answered on 2/08/08, 4:43 pm
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