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Get your taxes done using TurboTax
Thanks for your question @jryanruss23! Unfortunately, accrued vacation pay will be taxed as ordinary income. It may be reported to you as part of your W-2 or it may be reported to you separately by your employer on a Form 1099-MISC. Either way, though, it's taxed as ordinary income unhappily.
I hope this is helpful!
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‎June 28, 2023
11:29 AM
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