Is The Money I Receive in a Car Accident Settlement Taxable?
November 27, 2017
Posted by: admin
Category: Automobile Accident Claims
Is the money I receive in a car accident settlement taxable? In general, the money that is received from a car accident settlement is not taxable as long as it was received due to a physical injury or physical sickness. The IRS states that: If you receive a settlement for personal physical injuries or physical