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Are Medical Malpractice Settlement Awards Taxable?

Are Medical Malpractice Settlement Awards Taxable?

by Schanel CPA | Jan 5, 2022 | Tax Advice, Tax Preparation

Receiving a cash settlement from a medical malpractice case can be a huge relief after what is usually a long and protracted process. But before you spend it, make sure you’re aware of any tax impacts it may have. The good news is that most of the payment will most...

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