| That depends on what it was for. Generally if you won something that would have been taxable, such as lost wages, that is taxable. However, since you now have a chunk of money, I suggest you find a competent tax preparer and get good advice that they are willing to guarantee.
Snipes
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This post does not create an agreement to represent you before the IRS, nor does it invoke confidentiality regulations. Postings are based only on the information provided and you should consult a tax professional in your area before relying on information contained in this post.
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10-17-2005, 02:00 AM
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