It sounds like none of that money is taxable. Thus, it is unlikely to become includable in your own gross income. Good luck with your case!

Generally speaking, if you take no steps to defend yourself from the municipal foreclosure action, the process will likely take between 6 months to...

I believe that your understanding of the Child Tax Credit may be mistaken. Further, the Additional Child Tax Credit is a refundable tax credit, so...

If you earn anything above $12,400.00 per year, you're required to file a tax return with the Federal (and, presumably, State) government. Even if...

You'll want to file an Identity Theft Affidavit through the IRS. You can contact their Taxpayer Advocate Service if you have any questions as to...

As a general rule, Predatory Lending laws do not apply to commercial properties. Given that this property was owned by an LLC and operated as an...

I can only speak from experience in relation to your specific matter, as I have not seen your loan modification agreement. With that said, I have a...

Your only option in terms of a Bankruptcy is a Chapter 13, as you'd have to wait 8 years before you're eligible to file another Chapter 7. Your...

I'm sorry to hear about your situation. But, unfortunately, the foreclosure moratorium has ended and foreclosures are beginning to reappear back...

It is not clear as to what you're referring to by "Pension Settlement Money". Are you referring to an Annuity? A legal settlement? The answer to...