I recently was awarded a 2.8 million lawsuit in the state of florida how much of that is going to go towards taxes
|
Read More Answered By: John DeLancett |
The answer depends upon what type of damages were awarded. For example, punitive damages are taxable. Damages for loss of income or lost profits are taxable. A review of the verdict form and the judgment and some research will be required to specifically answer your question. |
Tampa, FL
Questions Answered: 6347
Last Question Aswered on: 2012-02-12
Closter, NJ
Questions Answered: 1320
Last Question Aswered on: 2012-05-22
Orlando, FL
Questions Answered: 1172
Last Question Aswered on: 2012-05-02
Palm Beach Gardens,
Questions Answered: 760
Last Question Aswered on: 2012-04-12
Naples, FL
Questions Answered: 582
Last Question Aswered on: 2012-05-25
Naples, FL
Questions Answered: 376
Last Question Aswered on: 2002-06-10
Gainesville, FL
Questions Answered: 145
Last Question Aswered on: 2012-03-19
Orlando, FL
Questions Answered: 135
Last Question Aswered on: 2012-05-19
Leesburg, VA
Questions Answered: 95
Last Question Aswered on: 2009-08-20
► When you inherit under 10.000 do you still claim it on federal taxes?
► My husband owe back tax before we got married.we file joint for the last two years...
► I am recently seperated and dont have a job. should i file a tax return without a...
► I live overseas, and have worked for a multinational company. To equalize employment...
► My wife sold a painting this year. Which of her art expenses can I claim as business...
► I filed Chapter 7 January 3rd, 2011 and the Chapter 7 was discharged in March 2011....
► I recieved income tax refunds based on my filing (professional firms filed for me)...
More Tax and Taxation Law questions and answers in Florida| Bill of Sale | Living Will |
| Contracts | Notices |
| Divorce | Power of Attorney |
| Employment | Quitclaim Deeds |
| Landlord & Tenant | Real Estate |
| Leases & Rentals | Sales and Purchases |
| Letters | Wills |
| Living Trusts | More... |
© WebsiteBroker, Inc.
LawGuru.com | Advertise on LawGuru | Affiliate Program | Privacy | About Us | Press
