Can you be taxed on a settlement that was appointed in court?
I recently won a case against a small company, which in turn granted me a small sum of money. I would like to know if I will be taxed on that appointed money. The money was given due to injuries I received after being tackled by security, during a wrongful accusation of shoplifting sustained at the company, leading me to believe that it should not be touched by anyone other than myself? Is this the case?
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