Re: Taxes on Settlements?

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On 11/23/05, CatsMeow wrote:
> I am in the middle of a lawsuit that is to go to trial
> soon. After the settlement is made, are taxes to be paid
> out of this/or how is this handled. Thank you for your
help.

Hi,

Settlements are tax free in California and I'm sure the rest
of the country.

Good Luck