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info@teninalaw.com
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(213) 596-0265
·
info@teninalaw.com
·
Mon - Fri 09:30am-6:00pm

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February 26, 2024
Are Wrongful Death Settlements Taxable?
BOOK A FREE CONSULTATION! According to the Internal Revenue Service’s IRS rule 1.104-1, you are not required to pay taxes on a settlements for a wrongful-death claim. The IRS classifies the settlement for wrongful death as non-taxable since it is part of a claim resulting from personal injury or physical illness. Understanding the taxable status...
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