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A common question that we get at our PA injury law firm is:
What taxes will I have to pay on my personal injury settlement?
In this instructional video, Bucks County personal injury attorney, Michael L. Saile, Jr., explains that in most PA auto accident cases, income taxes are NOT due on a personal injury settlement. In certain accident cases where the injured person receives compensation for lost income, that portion attributable to the lost income may be taxable. There are also other types of cases where settlement money may be taxable.
The Pennsylvania personal injury lawyers at Saile & Saile LLP represent injured victims of auto accidents, truck accidents, motorcycle accidents, pedestrian accidents, and bicycle accidents. Our Pennsylvania injury law firm's office is conveniently located in lower Bucks County, PA, just north of Philadelphia.
If you have questions as to whether or not your potential personal injury settlement may or may not be taxable, contact us for a free no obligation injury case review.
Saile & Saile LLP
405 Executive Drive
Langhorne, PA 19047
Phone: 215-860-5800
Toll Free: 800-860-5801
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