IRS decides people who got money from Norfolk Southern after Ohio derailment won't be taxed on it
- Most people near East Palestine, Ohio, won't be taxed on Norfolk Southern aid received after a 2023 train derailment due to its classification as a catastrophic event by the IRS.
- Norfolk Southern provided over $21 million in aid post-derailment, with the IRS ruling to exempt residents from taxes on the assistance.
- U.S. Sen. Sherrod Brown welcomed the IRS decision, aiming to relieve impacted individuals from tax burdens caused by the train accident.
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15 Articles
15 Articles
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Left
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Center
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Total News Sources15
Leaning Left4Leaning Right0Center10Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
L 29%
C 71%
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