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October 31, 2019
Question

If we received a large check from our Flood Insurance, payed off our home and still have a large amount in a savings account will we have to claim any of that on taxes?

  • October 31, 2019
  • 1 reply
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1 reply

Critter
Employee
October 31, 2019

Depends on lots of things ... enter it in the casualty loss section and see if any of it is taxable.