He has never gotten Workman's comp b4 and have no idea how it goes. since he only worked 2 month of 2006 and we have 1 kid will we get more back? I have read and been told that it is not taxable but don't know if they still send a W-2 or not on it. any info would b great. plz make sure you have your facts straight i don't want to have my hopes up and they get shot down when we get taxes done and i dont want to b all worried about having my taxes done either. so make sure u know what u are talking about. PLZ
2007-01-11 18:34:21 · 2 answers · asked by chevyparent 2 in Business & Finance ➔ Taxes ➔ United States
He was paid under workers compensation for a job-related illness or injury? These payments are fully exempt from tax. You will not receive any tax documents for the workers compensation payments.
See page 52, Chapter 5 of Publication 17 for an explicit statement.
http://www.irs.gov/pub/irs-pdf/p17.pdf
2007-01-11 18:40:37 · answer #1 · answered by ninasgramma 7 · 1⤊ 0⤋
1099, he will receive 1099 form
2007-01-12 02:39:17 · answer #2 · answered by samfarriss 1 · 0⤊ 1⤋