Taxable Costs
May 20th, 2008
Question: Are lawsuit settlements taxable in Pa?
I recieved a settlement from a drug company because I became very addicted and went thru hell getting off (on my own) and the drug rotted every one of my teeth which cost 9,000 to partially fix.. It's for $12,000 after lawyers fees. I wanted to know if it is taxable. I live in Pittsburgh Pa.
Answer: Usually compensatory damages are not taxable but punitive are
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Estate Planning : Estate Planning Costs
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