We outline the general tax rules here, but you are encouraged to seek the services of an accountant for advice that is specific to your unique situation. Some personal injury cases take time to settle, so you might not receive your award in the same year that you were injured and filed your claim. For example, if your car was hit by semi-truck on an Interstate highway, you might have sustained catastrophic injuries and now feel terrified to drive on the Interstate with trucks racing by at high speeds. As result, you might have to take other, slower routes to get where you’re going each day.
Taxes on Car Accident Settlements in North Charleston | South Carolina Car Accident Lawyer | Derrick Law Firm Injury Lawyers
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