Is an insurance settlement considered taxable income?

Wife was in an auto accident. Our attorney negotiated a small settlement with the insurance company. IRS claims we owe tax on the settlement because our attorney reported the settlement amount as nonemplyoyee compensation paid to us. I thought insurance settlements were nontaxabel income. Need help or the proper publication in the tax code to cite when I respond to the IRS. Thanks

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Can you ride a motorcyle off the lot without insurance in the state of California?

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How much insurance cost for 350z?

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Is an insurance settlement considered taxable income?

Wife was in an auto accident. Our attorney negotiated a small settlement with the insurance company. IRS claims we owe tax on the settlement because our attorney reported the settlement amount as nonemplyoyee compensation paid to us. I thought insurance settlements were nontaxabel income. Need help or the proper publication in the tax code to cite when I respond to the IRS. Thanks

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


Where can I find a list of insurance rates by make/model?

I am looking to buy a used car, but I want to make sure that the insurance isn’t sky high. I do not know what kind of car I want right now so I do not have any information to enter in a car insurance search. Where can I find a list of cars that typically have the lowest insurance rates?


Do all car insurance rates drop when you turn 25?

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I am wondering what the most affordable healthcare insurance options there are in MA for self employed people.

I am wondering what the most affordable healthcare insurance options there are in MA for self employed people.


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Is an insurance settlement considered taxable income?

Wife was in an auto accident. Our attorney negotiated a small settlement with the insurance company. IRS claims we owe tax on the settlement because our attorney reported the settlement amount as nonemplyoyee compensation paid to us. I thought insurance settlements were nontaxabel income. Need help or the proper publication in the tax code to cite when I respond to the IRS. Thanks

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


Who do you pay insurance broker or car insurance company?

I have applied for car insurance through light house, which is a car insurance broker. I have been told to pay a certain amount to a loan company. Today I have received a notice from Allstate about my policy and I need to come up with almost 1700$ by the 9th. I’m so confused and of course no one is open tomorrow. Is the loan to help me pay my car insurance or am I paying two different people.


Can an Auto Insurance company force you to use aftermarket parts for repair in Connecticut?

I had tire tread fly into my car on the highway. Tore the bumper and smashed the condenser. The insurance company has after market parts on the estimate, but I want to sell this car someday and want OEM. I’m pretty sure I am out of luck, but just wanted to make sure as this is my first time dealing with an incident. Thanks.


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Can I use my no claims discount for scooter insurance?

I am seriously considering dumping the car and using a scooter. I have full no claims discount on my car insurance, would I be able to use this on my scooter insurance? If not, would I loose that no claims I have built up i.e. if i go back to driving a car will I start again with zero no claims discount. This is a UK based question.

BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


Can 2 insurance policies go on 1 car ?

hello all .. i sold my car today basicly because i couldnt insure the insurance or fuel anymore as my hours have been cut in work . now my question is .. can i insure my mums car which is already insured by her .. reason i ask is if i cancel my current policy i will have to pay the full years worth of the car i had previous which would be 1000 pound , so i was thinking to insure my mums car to keep my insurance going ? is this possible ?


Can someone other than the owner be listed as the primary driver on the insurance policy?

So here’s my scenario. I’m the only person in the household who has a decent enough credit rating to finance a car. I’m 22 and I just got my G2 license so I assume that my insurance will by sky-high. My mom is a very experienced driver, who was last insured about 3 years ago and never got into any accidents. I was just wondering if it’s possible for my mom to be listed as the primary driver on the insurance policy if the car is registered under my name.


Where can i find types of health insurance coverage?

Where can i find types of health insurance coverage?


Progressive auto insurance problem !?

I need an opinion on what should i do in this case. 3 weeks ago , as I was driving home , on the freeway , from the truck in front of me fell big peace of ice and hit my car from underneath. Less than 1 minute later i noticed blue smoke behind , luckily there was and exit with gas station right there. By the time i pulled up to the gas station car was barely moving. After staying parked for 20 min , it leaked oil and tranny fluid . I called towing , had them pick the car up , called progressive made the claim. All of that happened in WI near Milwaukee , before i used to leave in Chicago , so I never dealt with progressive from WI. After couple days adjuster came out and gave shop 1100$ to start the repairs , shop diagnosed everything and came to a conclusion that its the transmission leaking because of the damage inside. Adjuster was extremely slow to give shop any kind of approvals to do anything , So after 3 weeks they finally allowed them to take transmission apart , another adjuster came out took pictures , then shop owner want around , called me and said that he will call me next day. Next day shop owner calls me asking if I heard anything from progressive ? I call that guy back , but he went on vacation. Call my first adjuster , she says that the guy who went on vacation concluded that it wasn’t related to impact , so they wont pay for anything and I owe 500 for taking down transmission. I called shop owner right away asking if its possible , not being related to impact , he says of course not , otherwise your car wouldn’t break after impact. He also said some technical explanation what caused it to break , i just don’t know what. he also said that no one ever called him and asked him what was the cause if that. I dealt with progressive in Chicago twice , when i lived there , and i had greatest experience ever , but it seems that in Milwaukee , they are playing games , making me pay , and not taking responsibilities. I figured somebody might know what should I do in this case , I just want them to do what they should do , especially when Im paying 200$ a month.



BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes

80’s Monte Carlo Insurance cost?

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Is an insurance settlement considered taxable income?

Wife was in an auto accident. Our attorney negotiated a small settlement with the insurance company. IRS claims we owe tax on the settlement because our attorney reported the settlement amount as nonemplyoyee compensation paid to us. I thought insurance settlements were nontaxabel income. Need help or the proper publication in the tax code to cite when I respond to the IRS. Thanks


Canadian resident paying taxes for 30+ years not eligible for health insurance?

I am a resident of BC, Canada but move between provinces every 3-5 months. Since I am away for more than 24 months every 5 year period, MSP won’t cover me, nor will any new province I stay temporarily. How can a Canadian resident for tax purposes, paying taxes and premiums each year, not be eligible for health care? There are no private plans available. Any solutions?


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BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


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Someone with a manual transmission car rolled back and hit me.?


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BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes


I NEED HEALTH INSURANCE FAST !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!…

i’m a 19yr old female, in california. i work part time at a retail store…i think i may have asthma, and i need to get to a dermatologist fast, cuz of my acne problem…nothing seems to be helping me…not even proactiv. but i don’t have any health insurance!!! plz help me!!! i need to go to the doctors fast, cuz i have suffered an asthma attack recently and it completely freaked me out cuz i couldn’t breathe…and my acne is getting worse. other than that, i think i’m fairly healthy…i’m 5’7, and weigh 140 pounds…. plz help me!!!!!!!!!! i need like the most affordable health insurance out there!!!


Is an insurance settlement considered taxable income?

Wife was in an auto accident. Our attorney negotiated a small settlement with the insurance company. IRS claims we owe tax on the settlement because our attorney reported the settlement amount as nonemplyoyee compensation paid to us. I thought insurance settlements were nontaxabel income. Need help or the proper publication in the tax code to cite when I respond to the IRS. Thanks


People who say u cant enter a auto insurance policy contract if you under 18?

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Cheapest car insurance?

new drivers


Which home insurance company should I choose?

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Car Insurance Question No 2?

Prior to my last question regarding car insurance, I wonder if someone could answer me this please. If a person gets rid of their car but wants to keep driving, say a friend/s car or hire car etc, can they still take out car insurance without owning a car and if so what do you ask for when contacting an insurance company. Thanks


How much would insurance cost for a 17 year old male driver with 2001 audi a6 in a major city?

Around how much would insurance cost for a 17 year old boy in a metropolitan city. car is a 2001 audi a6, with a clean record.


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