How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Jon Andrews Your Own Question
Jon Andrews
Jon Andrews, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 3118
Experience:  I deal with all levels of tax planning and controversy - from the ordinary to the complex.
Type Your Tax Question Here...
Jon Andrews is online now
A new question is answered every 9 seconds

Tax on pain and suffering award

Customer Question

As a portion of an employment settlement I received 5,000 for pain and suffering. How should this be taxed?
Submitted: 11 years ago.
Category: Tax
Expert:  Jon Andrews replied 11 years ago.

This will be taxed as ordinary income. It should be listed on line 21 as other income.

[email protected] 

Related Tax Questions