Your Kansas City personal injury attorney’s role doesn’t end when you receive your settlement. He or she will also help you determine what needs to be paid to which creditor or agency. Your Kansas City car accident attorney will also be able to determine if the government has a claim to part of your settlement. You cannot be taxed for reimbursement for your medical bills and property damage, but it is possible that some parts of your Missouri accident settlement may be taxable. For instance, if you receive compensation for lost wages, that money is taxable (just as your original wages would have been had you not been injured in a Missouri car crash).
Have You Been Injured In A Kansas City Area Car Accident?
If you've been injured in a car accident you need to speak with an experienced car accident lawyer as soon as possible. Contact us online or call our Kansas City office directly at 816.471.5111 to schedule your free consultation.