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Car Accidents Insurance Claims

Are Car Accident Settlements Taxable in New York?

One of the most common questions people have after resolving a car accident claim is whether the money they receive will be treated as taxable income. The short answer is: generally, no. Most personal injury settlements, including car accident settlements,…

July 24, 2026 • 4 min read

By The Odierno Law Firm

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If You’ve Been Hurt in Nassau or Suffolk County, Speak to Our Long Island Personal Injury Attorneys Today

The Odierno Law Firm Accident and Injury Lawyers is committed to protecting the rights and futures of clients who have been injured by another party’s negligence. Although we cannot erase all consequences of a serious injury or fatal accident, we can help you get the money to cover the economic and non-economic damages you have sustained. We can also help you find peace of mind knowing that the responsible party is held accountable.

Take the first step in your recovery by calling (631) 752-8580 or using our contact form to connect with us. Let your journey toward physical and financial recovery begin today.

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