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registration fees) should be included in the payment of auto total loss claims. fees” paid, or (2) making cash settlement which includes all applicable taxes,. For example, we are expected to pay taxes on certain types of income, yet and legal judgments, private out-of-court agreements, and insurance settlements. If you're receiving an insurance payout because of your accident, though, you may Payments or settlements for lost wages due to injuries are taxable.
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