Are lawsuit settlements taxable?
It depends on the type of settlement. Check with your attorney and either a tax attorney or CPA to make sure you have it correct.
Davie, FL
Tax Lawyer at Davie, FL
Practice Areas: Tax, Family ... +3 more
It depends on the type of settlement. Check with your attorney and either a tax attorney or CPA to make sure you have it correct.
With the information given, it appears as though you qualify for an exemption. An attorney assist you with this legal issue.
I cannot answer what will be done, however, most likely the whole $578 will be taken.
A 21 year old (with a few medical/mental illness exceptions) can file taxes as they wish.
You need a local attorney ASAP. Normally, you would have a right to contest any allegations before a VOP is issued, but an attorney would have to...
If there is already a court judgment against you, it is possible to garnish your wages. Consult with an attorney to help protect your rights
Under Florida intestate law, her parents would be her first in line heirs absent any children or a spouse. The further questions should be handled...
You won't file a 1099. You will file a sch c off of information from your 1099 which requires a social # or EIN
Yes, you will most lokely need to file as a sole prop or a corporation. You might not even know if you are a corp or not so do not ask the same...
I would actually have to see what order was signed by a judge to give you an accurate opinion.