have been on workman’s comp for a year. Received monthly payments till my case closes. My question is, since no taxes have been removed. Do I need to fail any taxes at all. Assuming my only income is through WC payments.
02857
1 Best answer
DianeW777
Expert Alumni
Feb 28, 2024 3:40:33 PM
No, workmen's compensation is not taxable so there is no need to file a return if that's all you had.
2 Replies
DianeW777
Expert Alumni
Feb 28, 2024 3:40:33 PM
No, workmen's compensation is not taxable so there is no need to file a return if that's all you had.
xmasbaby0
Level 15
Feb 28, 2024 3:41:25 PM
Workers compensation is not taxable. You do not enter it on a tax return. Do you have any other income to enter? If not, you do not need to file a tax return.