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mrslutz11
New Member

How do i report worker's compensation income?

I would like to show it as I am trying to obtain a new home loan this year. without it, it shows i had little to no income for the year because i was out of work.
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AliS
New Member

How do i report worker's compensation income?

In general, worker’s compensation is not taxable income and therefore is not reported on your federal tax return.

There are special rules regarding reporting worker’s compensation income.  The information below provides detail on this topic for you.

Tip:  For TurboTax Online users, click “My Account”<”Tools”< “Topic Search”<Type in “workers compensation and click “Go” to navigate to the worker’s compensation related screens in the TurboTax interview

Do-i-need-to-report-workers-compensation

https://ttlc.intuit.com/replies/3301926

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5 Replies
AliS
New Member

How do i report worker's compensation income?

In general, worker’s compensation is not taxable income and therefore is not reported on your federal tax return.

There are special rules regarding reporting worker’s compensation income.  The information below provides detail on this topic for you.

Tip:  For TurboTax Online users, click “My Account”<”Tools”< “Topic Search”<Type in “workers compensation and click “Go” to navigate to the worker’s compensation related screens in the TurboTax interview

Do-i-need-to-report-workers-compensation

https://ttlc.intuit.com/replies/3301926

How do i report worker's compensation income?

So how do i get my stimulus check? If im on workers compensation?

TerukoL
Intuit Alumni

How do i report worker's compensation income?

Please click  How will the third stimulus impact me?  to learn more about the stimulus payments.

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aman2020
Returning Member

How do i report worker's compensation income?

How do I file my workman's comp income on TurboTax

ThomasM125
Expert Alumni

How do i report worker's compensation income?

@aman2020 You should receive a form 1099-G reporting your workmen's compensation income and you will enter that in the Unemployment section of TurboTax, which is in the federal Wages and Income section.

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