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    Is a lawsuit settlement taxable as income for Federal taxes and the state tax in New Jersey?

    It was an insurance settlement in a car accident for the estate wherein the principal of the estate passed away before the case was settled out of court. A year had passed since his death when the settlement was finally reached, and upon his death the beneficiaries had payed all Federal income and NJ state taxes, debts and bills, including the NJ Death Tax on the Estate.

    0  Views: 664 Answers: 2 Posted: 13 years ago

    2 Answers

    ....no

    International Data Corp. IDC a research link group which tracks the wearables market agrees. "Smartwatch ownership continues to grow at a strong pace in the United States with many models coming a long way" said Ramon T. Llamas research director for IDC's Wearables team. "Today's smartwatches make the link ones released just two years ago look quaint and that broadens the appeal for many who have link been waiting for a second- or third-generation version to come to market."



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