Structured Settlements Texas

sold all or part of your structured settlement then you know that you aren't required to pay Uncle Sam any taxes on the sale. And, for an uncle that seems to want taxes for anything and everything under the sun, that's pretty amazing. When you invest the money you received from the sale, however, rest assured, Uncle Sam will be waiting in the wings; hand stretched out.

In spite of the fact that you didn't have to pay taxes on the sale of structured settlements, you do have to pay taxes on any interest you earn when and if you invest that money. This doesn't necessarily mean you shouldn't make an investment with the money. Just be prepared to give Uncle Sam his share on the return.