Anh suffered injuries when she fell out of her bed while hospitalized. She sued the hospital for
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Anh suffered injuries when she fell out of her bed while hospitalized. She sued the hospital for $90,000 (for her physical injuries). She lost the case and brought a lawsuit against the lawyer who represented her in the hospital litigation, alleging malpractice. Anh won a judgment of $100,000 from the law firm. What is the tax treatment of this $100,000 judgment for Anh?
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Related Book For
South Western Federal Taxation 2023 Comprehensive Volume
ISBN: 9780357719688
46th Edition
Authors: Annette Nellen, Andrew D. Cuccia, Mark Persellin, James C. Young
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