TaxMamas TaxQuips: Tax Quips
Emotional Distress
November 21, 2011
Today TaxMama hears from Teddy in the TaxQuips Forum with this question. “What is the tax rate on a settlement that is classified as emotional distress?â€
Hi Teddy,
Well, it’s good to get the settlement, though it doesn’t cure the problem.
Los Angeles, CA
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