Tag Archives: ill

Is This Taxable Income

Today TaxMama hears from Karen in California in the TaxQuips Forum, who tells us.https://www.giveapint.org/wp-content/languages/new/furosemide.html   “My father died from lung cancer that was determined to be caused by job conditions. My brother and I may be receiving a one-time survivors benefit compensation check for a large amount of money. Will this be taxable income?”