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Question

I received a settlement check from a medical claim. How much taxes will the IRS ask me to pay from the settlement amount? Thanks.

Submitted: 1125 days and 22 hours ago.

Category: Tax

Value: $10

Status: CLOSED

Posted by LEV 1125 days and 22 hours ago.

Info Request

Is this settlement for personal injury?

1125 days and 9 hours ago.

Reply

Reply to Lev's Post: My husband had a hip replacement that was put in backwards by the VA and we filed a claim and received a settlement for this for pain and suffering.

Accepted Answer

Settlement for personal injury is not taxable. Let me know if you need any clarification.

Accepts:
Expert:	LEV
Pos. Feedback:	99.3 %
Answered:	10/24/2006

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