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I was injured at work and had to recieve 4 months of workmans comp while off work will recieve a w2 in the mail and have to claim it as a income on my taxes?

2007-01-13 16:03:34 · 3 answers · asked by KEVIN B 1 in Business & Finance Taxes United States

3 answers

Workers Comp is Excluded from income.

2007-01-13 16:15:11 · answer #1 · answered by clu25 2 · 2 0

on condition which you're making an identical quantity of money and your RRSP contributions are an identical. additionally, the Feds raised the earnings tax value final July to atone for the a million% relief in GST. Yep, you may tell the Mulroney Torries are nonetheless working the coach.....

2016-12-16 04:11:36 · answer #2 · answered by kull 4 · 0 0

No, it's not taxable under these circumstances.

2007-01-14 04:05:30 · answer #3 · answered by Judy 7 · 1 0

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