is personal injury settlement disbursements taxable for fed and california state on a 1040 return?...
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is personal injury settlement disbursements taxable for fed and california state on a 1040 return? or is only the taxable part the part received after paying attorneys and medical fees?
recieved 230,000
attorney fees: 75,000
cost advanced by attorney: 11,000
medical deduction: 26,000
paid to me: 118,000
is the 118,000 to me nontaxable or taxable?
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