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Is money received while on Worman's Comp taxable or does it need to be reported?
#1
Is money that you received while on Workman's Compensation taxable? Or has it already been taxed and reported to IRS. Do you have to report it when you file your income tax?

Thanks,

Gary
Texas
 
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#2
I know in WI you dont.
 
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#3
ive always been told work comp monies are non taxable
SETTLED!!!
 
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#4
Sounds right To Me, I Do Believe Inpainokla is Right.NonTaxable
no matter where you're at there you are
 
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#5
I was recently told by a U.S. Tax official, that w/c is not taxable, and does not need to be reported.
 
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#6
bronco54501 Wrote:I know in WI you dont.
 
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#7
disability payments from work comp or other disability sources is not defined as gross or earned income by the IRS.
see title 26 of the IRS code:
http://www.law.cornell.edu/uscode/html/u...-000-.html
Reminder :
........Each state has their own comp system; POST YOUR STATE to get accurate information. Use the search feature to find information from similar questions.
THANKS FOR POSTING.
 
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#8
Workers compensation paymenys are not taxable.

Just to throw a note in. SSDI payments are another issue.
8-05, Micro laminectomy/disectomy. 10-05 lumbar fusion L5-S1. 2-07 exploritory surgery. 12-07 medical implant, Spinal Cord Stimulator. now receiving SSDI. After going back to school, I received my degree as a mechanical engineer. What can I say, it was the only way I had to beat the system. 
 
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#9
Non-Taxable!!Wink
 
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