$110.00 
Learn more
Submitted By: Jean
Answered: September 16, 2016 1:19 pm
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.
advertisement
Featured Books
Tax Glossary
Residential rental property
Real property in which 80% or more of the gross income is from dwelling units. Under MACRS, depreciation is claimed over 27.5 years under the straight-line method.
