Question
Workers' compensation payments to Bob $4,350 Disability payments received by Bob on account of injury $3,500 National Storage paid 100% of the premiums on the
Workers' compensation payments to Bob $4,350
Disability payments received by Bob on account of injury $3,500
National Storage paid 100% of the premiums on the policy and included the premium payments in Bob's taxable wages
Melissa received the following payments as a result of a lawsuit she filed for damages sustained in a car accident:
Medical Expenses for physical injuries $2,500
Emotional Distress (from having been physically injured) $12,000
Punitive Damages $10,000
From that list what is going on line 21 : Other Income on Form 1040 - I am sure about 10,000 for Punitive Damages, i belive 3500 for Disability payment ? not sure about Workers compensation ?
Thank you
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