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

Inclusion amount for leased cars

Based on an IRS table, an amount that reduces a business deduction taken for payments on an auto leased for a minimum of 30 days.

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