Question:

Is the money we received from the insurance company from our house fire taxable?

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Is the money we received from the insurance company from our house fire taxable?

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4 ANSWERS


  1. No.


  2. normally no.

    it isn't income.

  3. no.  You will probably be able to claim expenses that you incurred that weren't covered by your insurance on your taxes.  Keep good records.

  4. Nope

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