March 12, 2010

Settlement Professionals Inc.

Archive for December, 2004

Constructive Receipt Doctrine – Questions and Answers

- by Broberck Phleger & Harrison

Q. What is “Constructive Receipt?”
A. It’s a doctrine that taxes income before the income is actually received. The two other doctrine tax income are the “actual receipt” doctrine (i.e., you really receive it) and the “economic benefit” doctrine (not applicable to structured settlements).
Q. Where can I find the doctrine in [...]