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IRS Newswire April 14, 2023
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*Issue Number:?* ??IR-2023-81
*Inside This Issue*
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*IRS issues frequently asked questions on Compensation Payments Made by States for Forced Sterilization*
WASHINGTON ? The Internal Revenue Service today issued frequently asked questions (FAQs) to provide guidance for victims who have received state compensation payments for forced, involuntary, or coerced sterilization, in Fact Sheet FS-2023-11 [ [link removed] ].
Some states have enacted legislation to compensate victims of forced sterilization under state programs. These states have made payments to those victims pursuant to the legislation. The FAQs address the Federal income tax consequences of these payments.
More information about reliance is available [ [link removed] ].
IRS-FAQ [ [link removed] ]
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