How Lawsuit Structured Settlements Work And Are Taxed
If you are injured in a car accident and receive a $300,000 settlement from the other driver it's tax free but your investment earnings are taxable. If instead you receive a structured settlement, you'll get payments overtime and each payment is fully tax free.
If you are injured in a car accident and receive a $300,000 settlement from the other driver it's tax free but your investment earnings are taxable. If instead you receive a structured settlement, you'll get payments overtime and each payment is fully tax free.
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