Legal Question in Personal Injury in Georgia

Is a personal injury settlement taxable? I\'m running out of time to file and can\'t stand to settle this year.


Asked on 7/29/09, 9:35 am

1 Answer from Attorneys
Charles W. Field Charles W. Field, Attorney at Law

Only punitive damages are taxable. "Pain and suffering" damages (settlement) are not taxable. Consult with a local attorney.

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Answered on 8/03/09, 9:54 am


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