What Type of Legal Settlements Are Not Taxable
NLPs plotlyplotlyplotly plotlyplotly plotly plotly plotly. plotly. Legal Settlements and Taxes Not all legal settlements are taxable. Some types of compensation, such as medical expenses and lost wages, are not subject to income tax. Here’s a breakdown of the different types of legal settlements and their taxability: Taxable Settlements Compensation for lost income: This includes … Read more