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Do you have to pay taxes on money from a lawsuit for pain and suffering?
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∙ 14y ago
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Do you pay taxes on pain and suffering settlements?
No. Areas of a settlement such as medical bills, lost wages, and pain and suffering are not taxed.
Does workman's compensation have the right to money in a lawsuit?
This may seem confusing, because you brought a lawsuit for things workers’ compensation doesn’t pay for, but under the law, the workers’ compensation carrier has a right to reimbursement even if your entire settlement was allocated to pain and suffering
What attorney will be for a pain and suffering lawsuit?
A 'personal injury' or 'medical malpractice' specialist might be a good place to start.
Can husband repay for pain and suffing?
Yes, you can get money for that. But you have to win a lawsuit and be awarded damages.
What is a monetary lawsuit?
Very simply, it is a lawsuit that seeks money in return for the wrong the defendant is alleged to have done. The most common example is a car accident case where the plaintiff seeks a money judgment for pain and suffering and reimbursement of medical expenses. This type of lawsuit is distinguished from one seeking what is called "equitable relief". This type of lawsuit asks the court to make the defendant do something he/she was obligated to do, or set aside a will, or oder a property partitioned and other types of things other than just giving money.
Do you pay taxes for auto insurance settlement?
A settlement is usually split into two parts, recovery of damages sustained, and pain/suffering (putative). For recovery of costs, the settlement is not taxed. For pain/suffering it is taxed.
If you are injured in an auto accident will you have to sue to recover pain and suffering damages?
State laws on the recovery of damages for pain and suffering vary greatly. In lieu of a lawsuit, I recommend mediation (I happen to be a certified mediator--doesn't work with insurance companies) or arbitration (which can be binding or non-binding). However, a lawsuit will likely be the only way you will be able to collect pain and suffering if you are battling an insurance company. A personal injury lawyer in your area can give a free consultation (see the yellow pages) and inform you of your state's laws on damages for pain and suffering, as well as any alternative dispute resolution forums in your area.
Can you receive compensation for pain and suffering for the time you are being treated?
yes you can, i broke my neck, wore a neckbrace for six weeks then went to therapy for eight weeks l received workmans compensation for fourteen weeks and included in my lawsuit was pain and suffering for the entire fourteen weeks.
What is the difference in suffering and pain?
What is the difference between pain and suffering Pain is the physical aspect. The actual feeling. The sensation. Suffering is the effect the pain has on your life . Is there a lingering pain that limits your activities. It is also the mental component associated with pain.
What is the symbol for pain for suffering on the trail of tears?
the cherekee rose is the symbol for pain and suffering on the Trail of Tears the cherekee rose is the symbol for pain and suffering on the trail of tears
Your insurance company refuse to pay a decent compensation for pain and suffering can you sue for a higher amount?
You can sue your insurance company for a higher amount but there is no guarantee that you will win. You will need to have proof and be convincing that you deserve more money for the pain and suffering.
How do you deal with pain and suffering as a pastor?
It depends on what kind of pain you are suffering from, try to find a medication that works for that type of pain
