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Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 28084
Experience:  Taxes, Immigration, Labor Relations
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I received BWC compensation work related

Customer Question

***** *****, I received BWC compensation for a work related accident. I never recieved any tax related forms? Is this money taxable income?
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Submitted: 7 months ago.
Category: Tax
Expert:  Lev replied 7 months ago.
BWC compensation for a work related accident is classified as Workers' Compensation - and Workers' Compensation is specifically excluded from taxable income.
Expert:  Lev replied 7 months ago.
So that payment is NOT taxable and is NOT reported on your tax return.Let me know if you need any clarification this matter..I appreciate if you take a moment to rate the answer.Experts are ONLY credited when answers are rated positively.If you still have any doubts, need clarification - please be sure to ask.I am here to help you with all tax related issues.