Pay taxes on a law suit won

terryt1958 Posts: 1, Reputation: 1

New Member

Jan 26, 2010, 02:45 PM

Pay taxes on a law suit won

Do I have to pay taxes on a lawsuit that I won

JudyKayTee Posts: 46,503, Reputation: 4600

Uber Member

Jan 26, 2010, 02:57 PM

What kind of lawsuit? Personal injury, action on debt, something else?

Add your answer here.

Check out some similar questions!

I won a law suit [ 1 Answers ]

I won a law suit against someone in Georgia. They are refusing to pay the debt and I need to know how to set up wage garnishments against them. They live in GA. And work for Wal Mart. Any help would be greatly appreciated.

Law suit [ 1 Answers ]

I need a sample letter to answer a lawssuit against me in civil court

Law Suit [ 7 Answers ]

I am being sued by a third party debt buyer. The affidavit has a difference account number on it, The original company that issued the credit card is not on it. I have answered the summons (which is the first I heard of this company) and no court date on summons, three weeks later I received a...

Can I be forced to sell an asset to pay a law suit [ 2 Answers ]

My 16 yr old daughter was involved in an accident resulting in a pedestrian being injured. Of course, this pedestrian was trying to play chicken with her car according to a relative of the pedestrian. I only had the minimum amount of liablility insurance. He needed an operation on his leg and...

Law suit [ 2 Answers ]

I actually have 2 questions.. I have a friend who's husband died a couple of years ago. He left her his Big Rig and she sold it for $20K. SHe also gained a house, however the family of her husband appealed the will in order to get the house. My friend filed a lawsuit and ended up giving the house...