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July 25, 2019
Question

I received a settlement check from my landlord in California. How will I be taxed on this settlement?

  • July 25, 2019
  • 1 reply
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1 reply

July 25, 2019

if you deducted the rent or part thereof, then the refund or the pro-rata portion thereof will be taxable  - tax benefit rule.  if you didn't then only something like interest included in the settlement would be taxable.  

mariyakpAuthor
July 25, 2019

I haven't deducted any rent from my taxes. The settlement was for rent board violations. Does that change anything?