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- Client gets sick pay now the insurance company wants to offer a settlement is the settlement taxable
Client gets sick pay now the insurance company wants to offer a settlement is the settlement taxable
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470pitt
Level 3
08-12-2021
11:15 AM
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Client get sick pay now the insurance company wants to offer a settlement is this settlement taxable
or does she need to find out if it is going to be on a 1099 or w-2
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qbteachmt
Level 15
08-12-2021
11:38 AM
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How has the sick pay been reported and tax treated all this time? The taxable status usually depends on who paid for the policy and if that was post-tax or pre-tax funds.
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.
The-Tax-Lady
Level 9
08-12-2021
03:31 PM
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Is it 3rd party sick pay from an employer provided benefit or are we talking about Workers Compensation pay?
