Text size Share Print

Submitted By: Jean
Answered: September 16, 2016 1:19 pm

Is my sick pay taxable?

Yes. Sick pay is treated as taxable compensation. It is reported to you on Form W-2.

Ask JK

Advanced

Is income averaging still available? 21.5k views
Where do I report income from my corporation on Form 1040? 9.1k views
I paid a convenience fee when I charged my property taxes. Can I deduct this fee? 5.1k views
I sold some municipal bonds at a loss. Can I deduct the loss? 5.1k views

advertisement

Featured Books

Your Income Tax 2022

J.K. Lasser Institute

$24.95

buy now

Learn more

View all books Next Book

Tax Glossary

Consumer interest

Interest incurred on personal debt and consumer credit. Consumer interest is not deductible.

More terms Next Term