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BEANCOUNTER · 02-17-2006, 18:20

Based on the $4,500 settlement being for that amount of damage to your property, the settlement isn't income and, therefore, not subject to income tax.

02-17-2006, 18:20	#2
BEANCOUNTER Senior Member Join Date: Dec 1999 Posts: 2,133	Based on the $4,500 settlement being for that amount of damage to your property, the settlement isn't income and, therefore, not subject to income tax.