How does one Claim Workman's Compensation as Income on their Tax Returns?

This is the only income that I have had all year...

2 Answers

  • 1 decade ago
    Favorite Answer

    It's not taxable income. If it's all the income that you had, you don't owe any tax. (And since you didn't have any earned income, you can't claim the EITC either.)

  • 1 decade ago

    You don't. You are not required to file this year, however you may want to file for a homestead or utility credit on your state return if your states has such a thing.

    Source(s): I'm a tax advisor.
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