Tradies and professionals. A lot of people think the terms âinterior designerâ and âinterior decoratorâ are interchangeable names for exactly the same profession. This isnât the case though, and depending on the services youâre expecting, it might be pretty important that you know the difference.
If your Social Security disability benefits were offset because of your workers' comp payment(s), the amount by which your Social Security payment was lowered is actually taxable income, even though you're still receiving the money as workers' compensation money (because you might have received the money as Social Security, and Social Security ...
Is Workers Compensation Taxable. When you get your workersâ compensation benefits immediately following an injury, it can be quite a relief. You know you will at least have some money to meet the needs of you and your family. But if you receive benefits for very long, you may start to wonder if those benefits are taxable.