NO, workman's compenstion is not taxable by federal or state taxes in the state of Oklahoma.
No, the IRS rules of IC do not apply to workers comp. Please contact NCCI at 800-622-4123 to verify.
Yes, imputed benefit income is subject to federal taxation. It is considered Taxable noncash compensation but is not included in gross pay.
If worker's compensation is your only income for you and your family then no you don't have to file taxes. Worker's Compensation is not taxable on Federal Income Taxes.
Workers Compensation benefits are completely non-taxable for federal income taxes.
Unemployment Compensation is considered non-taxable income for the Earned Income Tax.
Yes your unemployment benefits will be taxable income in Georgia on your federal 1040 income tax return the first 2400 of your unemployment compensation that you received in the year 2009 will not subject to the federal income tax return.
No. Workers compensation that you receive under a workers compensation act for job-related sickness or injuries isn't taxable. You don't include it as income on Form 1040.
No. Workers compensation is completely exempt from federal tax if the payments are made under a workers compensation act for injuries occurring in the course of employment. They are also exempt from state tax. They aren't included as income.
If an employee is injured on the job, he or she may be eligible to receive worker's compensation benefits. These benefits are not taxable if they are paid under a state or federal worker's compensation statute. No exclusion is available if the payments are for nonwork connected disabilities or if the amount of the payment is based on age or service.
Payments for injuries under worker's compensation laws are not taxable under federal or state taxes.
No. Workers comp is not taxable.
No. Federal tax refunds are not taxable. In some cases, state tax refunds are taxable.