If you sue somebody do you have to pay taxes on the money you recieve?
343767
The above answer is blatantly false. The IRS taxes all lawsuit awards and settlements not for physical injury or disease, and even for those awards, they tax all punitive damages and interest. Legal fees are to be deducted from the award.
314513
I had one year that my taxes sent in the mail apparently got lost. I only had about $12.oo coming back, so I paid no attention to it. Nothing came of it until 5 years later. The IRS sent me a notice saying they never received it. That with penalties and interest I OWED THEM over $48,000.oo!\nI had to get an attorney.....ended up costing me around $11,000.oo.
974786
You still need to file, and would be better if you do it before they contact you (and if you had income that was reported, they will eventually, by which time you'll owe even more in interest and penalties.\n\nYou should always file even if you don't have the money to pay.  If you can't pay right away, they'll set up a payment plan, and yes, you'll be charged interest.\n\nYou're not going to be in some kind of major trouble, so don't worry about that.  Just go ahead and file, or contact the IRS and tell them your situation.  If they get your return without a check, they'll contact you to set up a plan to pay.
171738
It is quite possible but how the court ordered judgement was written can impact how the monies owed are collected.  In any case, if you have a judgement against you and money such as tax returns come to you, pay the judgement.
523260
If you are the receiver of the inheritance, the tax has already been paid by the estate.  The money you received is tax-free.  My condolences on your lose.
279708
you'll never get paid, the only people who attach tax returns is IRS, child support, and federal student loans. All the court judgement is good for is to go back to court again if he didn't keep the judgement. and if he is under the table or on welfare, what taxes will you get?
838335
If the IRS were to come after your employer, you would not be held responsible in any way. As long as you report the income you receive and pay taxes on the income at the end of the year, you are doing your part. I noticed that you just said your comission checks would be tax free. Are they withholding taxes from your regular paycheck? Alot of car dealers work this way too. They'll pay their salepeople a biweekly wage and their comission is straight cash. At the end of the year, they issue a 1099-misc reporting that income. You'll have to pay self employment tax at the end of the year
530976
There's no hard and fast rule on this. Certainly small amounts of selling your used stuff is totally fine and you won't get any income tax liability. Basically, they already taxed you for the money you used to buy it, and you won't get as much for it as you paid in the first place. However, if you sell enough stuff that it moves from hobby to business, and you sell things online in order to make a profit, particularly if you buy wholesale things and sell them, you are running a business and need to declare the profits.
700419
This one is tricky.\n\nIf you find some stuff in your attic and want to "get rid of it" and sell it on eBay, then you don't have to pay taxes on what you receive.\n\nIf you regularly troll through garage sales looking for "bargains" which you can resell on eBay at a profit, then you do have to pay taxes on what you receive.\n\nIf you are selling new items on eBay then you undoubtedly have to pay taxes. (The above two are assuming used items)\n\nDisclaimer #1: Consult a tax professional, this is not tax advice.\nDisclaimer #2: I work at eBay
359467
It depends.  If you are selling items that you purchased with earnings you have already paid taxes on and you are not selling them for more than what you purcahsed them for, then no, you do not have to pay taxes on the money you have reaped from Ebay.  If you have sold these same items for more than you paid for them, in other words, you have actually gained $3,000 over and above what you paid for these items, then yes, you have to report that income and pay the appropriate income tax.
172156
If you had any income from 2000-through now, and owe money to them, they IRS will eventually catch up and start garnishing your wages from your current employer.\n\nOn the other hand, if you have money owed to you, you could be missing out on thousands of uncollected dollars!
396446
Yes.  So long as you had taxable income you still need to file.
570124
This "provision" you speak of is a mis-interpretation of the code itself.  There's an scammer named Irwin Schiff who has been selling this idea for years on the website listed under the "sources."  However, he's been proven wrong at trial EVERY SINGLE TIME.  He has been fined and jailed, and his funds are constantly garnished.  Others who have followed his example have met similar fates.  \n\nAll the while he claims he doesn't "pay" taxes.  That's true. His taxes are taken from his accounts by the government directly.  He doesn't physically pay them or have them withheld.  The government seizes them from him periodically because he doesn't pay.  \n\nIf you attempt to file a tax return using a system like this, you will find yourself the recipient of a nice penalty and fine.  Your return would not be considered a legally valid return, and you would be hit with failure to file and failure to pay tax penalties, plus interest on the money owed.  It's tax evasion, and you could even go to jail for it.  Please don't do it.
851412
I don't understand how my tax money would be involved if they sued anybody.\n\nAnyway, I think if they are in the country illegally, they should be arrested on the court steps on their way to the trial involving their suit - along with the employer who hired them and the dirt bag lawyer representing the employer.\nThis nonsense has gone far enough.......
433928
Workers Comp is paid by your employer.  The income is usually taxable.
1042280
Actually, you cannot sue the government for misspending your tax dollars.  If the legislature allocated money for whatever news 7 says "you paid for", then it is perfectly legal, whether you agree with it or not.  \n\nIronically, you cannot sue the government without permission from the government...isn't that weird?  But it's true in the USA.
967130
It depends on how much money the person makes. People have to pay taxes on any assets or extra money they make. Some people who make a certain amount of money (under the max you can make) don't have to pay extra money and they just receive it.