Are Personal Injury Settlements Taxable?
September 29, 2010
Are Personal Injury Settlements Taxable?
Personal injury cases can encompass a variety of injuries. Most of those injuries start with a physical injury such as a back injury from a car accident. Some personal injuries, however, can exist without a predicate physical injury. Take for example emotional distress. While emotional distress can be included as a non-economic damage in a personal injury case where there…