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App C: Letter

in this section: Introduction | Ch.1: Issues | Ch.2: Taxability | Ch.3: Related Topics | Ch.4: Information | Ch.5: 3rd Party | Ch.6: The Case File | Ch.7: Examination | Ch.8: Penalties | Ch.9: Reporting | Ch.10: Case Synopsis | App A: Sample | App B: Letter | App C: Letter | App D: History

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Lawsuit Awards and Settlements: IRS Tax Law

With tax day fast approaching, Weitz & Luxenberg wants to ensure our clients have all the information they need to understand how to report their large settlements and lawsuit verdicts to the IRS. This information from the Internal Revenue Service does not consitute legal advice. We provide this document for informational purposes only. If you need help with your taxes, contact a tax attorney or an accountant. To file a personal injury lawsuit, click here.

Appendix C
Click on the image below to download a Word Document of the form.
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see also:

App A: Sample IRS Tax Law: Lawsuit Awards and Settlements, how to report your compensation
IRS-FREE Tax day help with your large settlements and lawsuit verdicts

App C: Letter IRS Tax Law: Lawsuit Awards and Settlements, how to report your compensation
IRS-FREE Tax day help with your large settlements and lawsuit verdicts

Tax Law IRS Tax Law: Lawsuit Awards and Settlements
IRS Information: Large settlements and lawsuit verdicts
Free Legal Review
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Case Description:
$53 million verdict — brake mechanic suffering from mesothelioma

$13.5 million verdict — one of the very first Vioxx trial cases

$15 million settlement — man wound up a paraplegic due to negligent hospital care

$37 million verdict — 2 asbestos lung cancer plaintiffs

$47 million verdict — boilermaker who died from mesothelioma

$2.6 million settlement — ill-fitting prosthesis caused decubitus ulcers

$75 million verdict — historic consolidated trial involving men who had worked at the Brooklyn Navy Yard in the 1940s and 1950s

$12.7 million verdict — iron worker who was injured due to unsafe working conditions

$8 million settlement — obstetrical malpractice resulted in neurological deficits

$64.65 million award — 4 asbestos plaintiffs

$17.5 million — consolidated trial of 5 mesothelioma victims


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A nationally-recognized personal injury law firm, Weitz & Luxenberg is committed to helping clients win cases, get the compensation to which they’re entitled and continue with their lives. In just over 20 years, we’ve collected more than $1.3 billion for plaintiffs.