Structured Settlement Payments and What the IRS Actually Taxes
Structured settlement payments taxable? IRC Section 104(a)(2) excludes most — but selling triggers a 40% excise under IRC 5891. Here’s the IRS test that controls your answer.
Structured settlement payments taxable? IRC Section 104(a)(2) excludes most — but selling triggers a 40% excise under IRC 5891. Here’s the IRS test that controls your answer.