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-   -   workers comp settlement & taxes (https://www.neurotalk.org/layoffs-unemployment-and-worker-s-compensation/136509-workers-comp-settlement-taxes.html)

Jaycojade 10-30-2010 05:11 AM
workers comp settlement & taxes
 
I know this has been asked before But I can't find any info on it. I'm in Pa & I received my settlement earlier this year; any taxes on lumpsum settlements?
Ty

lefthanded 10-30-2010 02:43 PM
Quote:
Originally Posted by Jaycojade (Post 710161)
I know this has been asked before But I can't find any info on it. I'm in Pa & I received my settlement earlier this year; any taxes on lumpsum settlements?
Ty
L&I (work comp) benefits are an insurance benefit, and therefore are generally not taxable. But you can check for yourself on the Pa website: http://www.portal.state.pa.us/portal...mode=2#whatare


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