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No. Insurance payments are generally not considered taxab...
chippylisa
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If I received payment from my insurance company for cleanup work I did after our basement flooded, do I have to claim it as income?
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TurboTax Online Self-Employed
October 30, 2019
4:30 PM
TurboTaxSlavko
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No. Insurance payments are generally not considered taxable income.
October 30, 2019
4:30 PM
TurboTaxGale
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No, this is not income
October 30, 2019
4:30 PM
