Is My Other Income Deducted From My VCF Award?
By Lila Nordstrom
For the most part, no, your VCF award is not taxed and other income is not deducted from your award. VCF payouts are meant to compensate you for pain, suffering, and the expenses you’ve already laid out for your treatment, and are therefore not considered “income.” There is, however, one circumstance in which this issue […]
