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Cicada

(4,533 posts)
3. Beneficiaries should pay income tax surcharge
Tue May 30, 2017, 07:53 AM
May 2017

If you get a reimbursed replacement home in a flood zone you must pay an extra 10 percent of federal income tax so long as you live in the flood zone. Or something like that. Whatever amount it takes to keep the insurance revenue neutral. Something like that.

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