Tag Archives: sale of home

Is This Payment Tax-Free? It Depends

Is This Payment Tax-Free? It Depends

Certain payments, depending on the circumstances, may be tax-free, despite other similar payments resulting in being taxed. The following three situations require special care to determine if the payment is tax-free. Legal Settlements: To determine if your court settlement should be taxed, you need to consider the reason the settlement was granted, and if it […]

Read more