I was asked on my California taxes to declare the income from any Ottoman Turkish Empire settlement payments I may have received. When I first read this during a late night turbo tax misadventure, I thought I must have picked up the wrong tax year, the Ottoman Empire dissolved circa1922.After a quick look into the ether, I find it refers to Armenian genocide reparations. If I understand the situation correctly, families who survived a genocide in addition to being lucky enough to be able to wait 90 years to get an insurance claim processed, will now have to pay federal taxes on the proceeds.
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