1099 a question on workers compensation and expenses?
1099 a question on workers compensation and expenses?
Thanks for your answers!
Do you pay interest on workers compensation (unemployment) checks?
Do you have to have receipts for all of your work related expenses in order to receive a tax deduction?
Thanks again!
Answers:
wartz: Does who pay interest on workers comp checks?
You need documentation for your business expenses if you are audited.
2008-02-13 14:14:18
2008-02-13 14:14:18
Chosen Answer
Judy: I'm confused by what you are asking. Worker's comp is for on the job injuries, and is totally different than unemployment comp. Unemployment comp benefits are taxable, workers comp benefits aren't. You don't pay interest on either one. You should have receipts for anything you are claiming as a deduction.
2008-02-13 15:24:52
Judy: I'm confused by what you are asking. Worker's comp is for on the job injuries, and is totally different than unemployment comp. Unemployment comp benefits are taxable, workers comp benefits aren't. You don't pay interest on either one. You should have receipts for anything you are claiming as a deduction.
2008-02-13 15:24:52