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23
NoStumpyTrumpy 23 points ago +23 / -0

Nope, tort payments aren't taxable.

18
PantsJihad 18 points ago +18 / -0

I did not know this.

6
rootGoose 6 points ago +6 / -0

Insurance payouts are the same: compensation for a loss = no taxes

3
NWOSTING 3 points ago +3 / -0

Good to know for tax day.

Totaled a car for hail damage.