Do you pay taxes on pain and suffering settlements?

Answer No. Areas of a settlement such as medical bills, lost wages, and pain and suffering are not taxed.

Top Q&A For: Do you pay taxes on pain and suffering settlements

Am suffering from severe back pain and back right bone having some swelling also suffering from past 10 month?

If you haven't been seen by your regular doctor, I suggest you go visit him. We're not and we don't know your health history.After 3 months of pain & suffering, my mom had shoulder & hip problem, ... Read More »

My mother is suffering from extreme pain due to cancer. What can reduce the pain?

She's on maximum dosage of what? Aspirin? Codeine? Morphine?Where does it hurt?What is the treatment? I hope it's not some quackery.The more you can tell us, the more we can suggest.

Do I pay taxes on worker's compensation settlements?

Worker's compensation is not considered taxable income. Recipients or survivors or individuals receiving compensatory settlements for job-related sicknesses and injuries do not have to pay taxes. ... Read More »

Why is there pain and suffering in the world?

me dont care!!!!!!!!People think the world is a piece of garbage when it isn't. They thinlk it's fine to end other people's lives to make things better when it makes it worst