Send to a Friend

Skaggfacemutt's avatar

Do you have to pay taxes on an insurance settlement?

Asked by Skaggfacemutt (9820points) January 14th, 2014

If you get a large payout from an insurance settlement (say, life insurance, for instance), do you have to pay taxes on it? What about a structured settlement? Money from a trust fund?

Using Fluther

or

Using Email

Separate multiple emails with commas.
We’ll only use these emails for this message.