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.

Tags: sick pay
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Tax Glossary

Carryforward

A tax technique of applying a loss or credit from a current year to a later year. For example, a business net operating loss may be carried forward 20 years instead of being carried back.

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