The taxability of legal damages depends on the nature of the damages. Generally, damages for personal physical injuries are not taxable. Damages for lost wages, punitive damages, or emotional distress not related to a physical injury are usually taxable.
Get the legal clarity and support you need to move forward with confidence. Our team is ready to help, and your first consultation is completely free.
Schedule a Legal Consultation Today!
Book Your Free Legal Consultation Now
Schedule a Legal Consultation Today!
Get the legal clarity and support you need to move forward with confidence. Our team is ready to help, and your first consultation is completely free.
Book Your Free Legal Consultation Now