Legal Question in Medical Malpractice in District of Columbia

How much is the tax on a medical malpractice settlement?

Asked on 6/02/13, 4:34 pm

1 Answer from Attorneys

Torrance Colvin The Colvin Law Firm
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If the settlement is structured correctly to the benefit of the injured party and the agreement specifies that the settlement is based on personal physical injuries or physical sickness, then the entire amount is tax-free based on Internal Revenue Code 1-4(a)(s).

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Answered on 6/06/13, 7:22 am

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