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Yes, paternity leave is considered paid family leave, taxable income - if you are getting paid during your leave. It is usually reported on your W-2 form. The same applies to vacation time, if you are getting paid, it will be reflected on W-2, making it a taxable income.
Yes, paternity leave is considered paid family leave, taxable income - if you are getting paid during your leave. It is usually reported on your W-2 form. The same applies to vacation time, if you are getting paid, it will be reflected on W-2, making it a taxable income.
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