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February 21, 2020
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I received no fault wage loss income from my auto insurance company for injuries sustained. Does this have to be reported as income?

  • February 21, 2020
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Best answer by LeonardS

Yes, insurance payments for lost wages that are intended to replace what you would have earned had you not been injured are taxable and will be reported on your tax return. 

1 reply

LeonardS
LeonardSAnswer
February 21, 2020

Yes, insurance payments for lost wages that are intended to replace what you would have earned had you not been injured are taxable and will be reported on your tax return. 

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