It is possible to have taxable and nontaxable income included in any settlement amount that you have received. If you receive a 1099-MISC you will know that you have some taxable income that you will have to report on your 1040 income tax return.
Perhaps your attorney or the Judge can tell give you some information about this and the terms of the settlement.
The statute of limitations for medical malpractice in Ohio is one year with the discovery rule.
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One year with Discovery Rule.
There is no specific time frame in Ohio. The law suit has to be settled, the estate has to be inventoried and appraised, the debts collected, taxes paid and the terms of the will meet.
The time it takes to get your taxes back in Ohio depends on many factors, such as the type of tax.
One year with Discovery Rule for adults. Four years for minors.
Property taxes in all states depend on the size of the property and its location. In Ohio homes have property taxes in the 1.5 - 2.5 % range of the purchase price. Ohio also has city wage taxes generally in the 2% to 3% range.
how did ohio make its own money
Ohio does have a sales tax on certain services that are provided to the consumer.
There are lots of taxes and lots of rates.
The statute of limitations in Ohio for negligence is two years with the discovery rule, for medical malpractice is one year with the discovery rule, and two years for fraud from time of discovery.
Social Security benefits are exempt from Ohio state income taxes.