He passed away 8 Months ago. This policy shows a face value amount as of march 2004. Also was part of a class action law suit. Does this mean There could be an amount if insurance monies to claim....
Today at work I fell off of a ladder and was taken to the ER. My employer is responsible for the hospital and prescriptions,etc. This has all been taken car of for me. Now I am wondering if I will be ...
My girlfriend just graduated from college, but she is covered under student health insurance until August of 2007. She just got a job, which gives her free health insurance from Aetna, which means ...
I have MPGN type 2 (kidney disease). I will eventually need a transplant and currently taking medications. I also have asthma. Additional Details I do have medicaid but doesnt that end ...
I had a fire and liability policy on the house and the insurance company cancelled both policies. What can I do? Additional Details Thanks everyone for all your helpful answers. The ...
that's 23 years old, white, male in upstate new york, college grad, (nonsmoker/no health problems). I just need a ballpark figure. $10? $100? I just have absolutely no idea so if you have ...
Lori A
Car accident and insurance money do i have to pay taxes?
I was in a car accident and the other ins. co. has totaled my car and is giving me $3k, do i pay taxes on that at the end of the year?
No. It's not "income", it's "reimbursement for damages" and not taxable income.
Aaron S
No. Car insurance payouts are not considered income.
Karen B
Nope
MARK S
No.
Lexy
If the automobile was considered "total loss" then you will not have to pay taxes at the end of the year. However if you have not payed it for this year you may still be taxed.