Most Lawsuit Settlements Are Taxed By IRS, But Some Are Capital Gain
Most Lawsuit Settlements Are Taxed By IRS, But Some Are Capital Gain Robert W. Wood Senior Contributor Robert W. Wood is a tax lawyer focusing on taxes and litigation. March 26, 2025 The IRS taxes most lawsuit settlements, and exact wording matters if you are trying to avoid that grim result. However, some settlements can [...]