After the Plaintiff Double Tax E. Jean Carroll May Find Herself Shopping at Walmart
E. Jean Carroll won $83.3 million in a defamation case against Donald J. Trump. However, due to tax laws, she may end up with only a tiny fraction of the amount. The "plaintiff double tax" means the entire award is taxable, resulting in just 9 cents on the dollar for Ms. Carroll. To mitigate taxes, she may consider a Plaintiff Recovery Trust.