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16710Re: civil injury

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  • diggerflyer
    Feb 22 7:57 PM
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      --- In tips_and_tricks@yahoogroups.com, "Trophy Wife" <actionhero@...>
      wrote:


      >
      > Any damage award you receive are not taxable under federal or state
      law. In short, you may want to "haggle" for more before you sign off
      on it.
      >
      > Hope this helps
      >

      If you are a "taxpayer" as defined in the IRC, some awards are
      taxable. I believe general damages are, but not those for pain and
      suffering. Do your research first before assuming.

      Diggerflyer
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