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Settlements and Taxes

Was curious, Are WC settlements taxable? or reported to the IRS. I was going to ask my attorney but forgot. Is a settlement to be reported as income...........

no they are not taxable

........I love cats, I just cant eat a whole one by myself......


Thanks Jayne, Now if I would get my check I would be happy......

Tuffy, Jayne is Correct that Settlements are non-taxable, but Check to be Sure that any Penalties or Interest Paid to You are also non-taxable. I believe some of those, especially any Interest May Be! Congratulations and Enjoy Your new found Fortune!!!!!SmileSmileSmile

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