Is My Car Accident Injury Settlement Tax-Free?

Bernard Tully Personal Injury Lawyer. Phone: 412-281-8700

The topic of today’s blog involves the question, “If I get a settlement for my pain and suffering in my back injury accident case, is that money taxable?” In other words, will your injury settlement be tax-free?

Car accident lawyer Bernard Tully has some real good news for you. The money that you get in your settlement is not taxable at all. If there is a punitive damage claim that is taxable. But, by and large, in 98-99% of the car accident cases out there that involve personal injury the law is clear. Uncle Sam gets no part of your recovery.

I hope this helps a little bit. I also hope you understand what injury lawyer Bernard Tully does daily.

The question NOW is how do you get to the point where you get an offer and you get the good money that will be yours tax-free?

That is where we are here for you. We try to get you the most money possible for your injuries always. If you do not get much in your settlement then the value to you is decreased and your pain, suffering, and everything you went through is lessened. We are here to get you the most money we can.

Our main focus is honesty. We always preach it. We are passionate about trying to help any injured accident victim or family member with their case. Questions about the blog? CALL US!

Bernard Tully Allegheny County Personal Injury Lawyer. Phone: 412-281-8700 and 1-800-518-0050