You'll need to sign in or create an account to connect with an expert.
No. Workers’ compensation benefits are not taxable and are not claimed on yearly tax statements. These are fully exempt from state and federal taxes, regardless if paid on a scheduled basis (like weekly or biweekly) or in a lump sum.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
staceyhunt42
New Member
Mary7820
New Member
Gynjhun88
New Member
pocampousa
New Member
31-wgray
New Member