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Tax Information for Victims of California Wildfires and Other Disasters

Will the PG&E Settlement be tax-free to California?

Jun 22, 2022 | Exclusion of Taxable Gain, PG&E Settlement

As we’ve discussed in earlier posts on this site, for most taxpayers, the settlements from PG&E will be partially or fully taxable. However, relief from California tax may be coming via AB1249. What is AB1249? AB1249 would exclude the PG&E settlement...

Will the PG&E Settlement be tax-free to California?

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