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  • mariaefletes
    Junior Member
    • Jan 2012
    • 14

    #1

    worker compensation

    Is worker compensation taxable?
  • BP.
    Senior Member
    • Oct 2005
    • 1750

    #2
    It's a pretty common client question. You can get details in your pub 17 on p.53.
    Last edited by BP.; 02-03-2012, 03:02 PM.

    Comment

    • ChEAr$
      Senior Member
      • Dec 2005
      • 3872

      #3
      Originally posted by BP.
      It's a pretty common client question. You can get details in your pub 17 on p.53.
      Good quote there, BP. Everybody ought to have a desk copy of publication 17.

      I know my 1999 edition is well thumbed and used often.
      ChEAr$,
      Harlan Lunsford, EA n LA

      Comment

      • Gene V
        Senior Member
        • Jun 2005
        • 1057

        #4
        Originally posted by mariaefletes
        Is worker compensation taxable?
        Amounts you receive as workers’ compensation
        for an occupational sickness or injury are fully
        exempt from tax if they are paid under a workers’
        compensation act or a statute in the nature of a workers’ compensation act.

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        • mariaefletes
          Junior Member
          • Jan 2012
          • 14

          #5
          Thanks Gene.

          Comment

          • FEDUKE404
            Senior Member
            • May 2007
            • 3648

            #6
            Time warp

            Originally posted by ChEAr$
            Good quote there, BP. Everybody ought to have a desk copy of publication 17.

            I know my 1999 edition is well thumbed and used often.
            OTOH, my 2011 edition is just beginning to get broken in.....

            Comment

            • Burke
              Senior Member
              • Jan 2008
              • 7068

              #7
              It's in TTB, but not easy to find. TTB 3-19, under Non-taxable income.

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