Usually not, but if you are receiving supplementary income - such as Social Security benefits - in addition to your workers’ compensation benefits, you may have to pay taxes.
In this situation, your Social Security benefits would be reduced and your workers’ compensation benefits would make up the difference. That difference is then treated as Social Security, which means it would be taxable.
Usually not, but if you are receiving supplementary income - such as Social Security benefits - in addition to your workers’ compensation benefits, you may have to pay taxes.
In this situation, your Social Security benefits would be reduced and your workers’ compensation benefits would make up the difference. That difference is then treated as Social Security, which means it would be taxable.
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