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Settlement Proceeds Unrelated to Personal Injury or Sickness Are Subject to Taxation
Proceeds from a legal settlement unrelated to personal injury or sickness are subject to taxation, the U.S. Court of Appeals for the Sixth circuit decided February 26, 2010.
Daniel and Brenda Stadnyk received a $49,000 settlement from Bank One after the bank erroneously stamped a check as “NSF.” The check ...
Daniel and Brenda Stadnyk received a $49,000 settlement from Bank One after the bank erroneously stamped a check as “NSF.” The check ...
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