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Sick Pay










                                                                                       Sick Pay

                                                                                        Pay you receive from your employer
                                                                                           while you’re sick or injured is part of

                                                                                           your salary or wages.
                                                                                        In addition, you must include in your
                                                                                           income sick pay benefits received
                                                                                           from any of the following payers.
                                                                                              • A welfare fund.
                                                                                              • A state sickness or disability
                                                                                              fund.
                                                                                              • An association of employers or
                                                                                              employees.
                                                                                              • An insurance company, if your
                                                                                              employer paid for the plan.

                                                                                        However, if you paid the premiums
                                                                                           on an accident or health insurance
                                                                                           policy yourself, the benefits you
                                                                                           receive under the policy aren’t
                                                                                           taxable.
                                                                                        For more information, see Pub. 525,
                                                                                           Taxable and Nontaxable Income.



    https://lentcpa.com                                                                                                              30
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