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fredr
Level 5
March 14, 2026
Question

Lump sum workman’s comp payment

  • March 14, 2026
  • 1 reply
  • 4 views

Client received lump sum payment for workman’s comp which included a large payment for interest. Is the interest portion taxable?

 

1 reply

Skylane
SkylaneIntuit Community Champion
Intuit Community Champion
March 14, 2026

Probably,  Ins company is supposed to provide 1099 INT....  but....they don't always do... ask ins claims dept. 

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