Are Personal Injury Settlements Taxable in South Carolina?
A personal injury settlement is often a lifeline for people injured in accidents that weren’t their fault. Severe injuries may need extensive treatment, multiple surgeries, and lengthy rehabilitation, resulting in victims being out of work for months or years — or unable to work again. After so long recovering from your injuries or perhaps adapting to a new routine because of their impact on your daily life, a compensation figure in black and white can be a welcome sight.