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Recent content by cockerspaniel

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  1. C

    Are out of court settlements taxable?

    What is the name of your state? Maryland I'm in the process of working out a personal compensation agreement for psychiatric malpractice. Would the amount determined be taxable?
  2. C

    Are out of court settlements taxable?

    What is the name of your state? Maryland I am in the process of working out a "personal compensation agreement" for a psychiatric malpractice issue. Would this be taxable income? If it is distributed over five years, how is that addressed? If it's taxable, is it considered "earned income" on...
  3. C

    is this blackmail?

    What is the name of your state?MO I'm considering a civil law suit for psychiatric malpractice - sexual misconduct. However, I'd rather settle privately to avoid hurting innocent people. If I say, "I would not puruse legal action for X amount" is that considered illegal? The $ would hurt...
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