Legal Question in Employment Law in New York
When you win a case for wrongful termination, is the settlement taxable?
Thank you.
Asked on 11/21/11, 7:35 am
1 Answer from Attorneys
Locksley Wade
Law Office of Locksley O. Wade
Yes . . . as ordinary income unless there is a portion for medical expenses.
Answered on 11/22/11, 11:52 am
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