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Where can you get help dealing with the IRS involving a personal injury settlement?


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Wiki User
2008-01-17 19:37:50
2008-01-17 19:37:50

It is never advisable for an individual to engage in IRS disputes without first obtaining legal advice or better legal counsel. The IRS does have an independent advocate to assists taxpayers in resolving problems. IRS Taxpayer Advocate website http://www.irs.gov/advocate/index.html IRS Taxpayer Advocate phone# 1-877-777-4778, TTT/TTD 1-800-829-4059 While in the past the Taxpayer Advocate was a good resource, they are becoming less and less helpful. You are better off seeking a professional representative (a Tax Attorney, CPA, or Enrolled Agent) who is experienced in dealing with dispute resolutions. The key issue here sounds like whether or not your settlement was taxable. Whether or not a settlement is taxable depends on a lot of factors, and you should seek professional advice. Click on my bio (TaxManEA) and visit our website if you'd like.

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You should talk with a layer. There are great <a href=http://swlegalgrp.com/fresno.php>personal injury lawyers in Fresno. </a>

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"settlement" ... to collect past-due support, yes.

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Yes, a spouse may be entitled to a part of a personal injury settlement in a divorce. This depends on the laws in your state and how long you have been married.

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No, compensation for personal injuries is tax exempt.


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