Bike Forums - View Single Post - Pain & Suffering settlements

05-18-09, 11:54 AM

#7

Bob Pringle

Senior Member

Join Date: Oct 2005

Location: Ormond Beach, FL

Posts: 235

Bikes: 2005 Specialized Roubaix Elite

Mentioned: 0 Post(s)

Tagged: 0 Thread(s)

Quoted: 1 Post(s)

Likes: 0

Liked 0 Times in 0 Posts

What are the income tax aspects of awards/settlements? Are they treated as ordinary income?

Reply