Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Back Pay (https://www.askmehelpdesk.com/showthread.php?t=628850)

  • Jan 19, 2012, 12:52 PM
    Fr_Chuck
    Back Pay
    I have a disability claim in, filed in 2011. Of course it was denied at first and we have appealed. Assuming I win latter this year, I will be paid back to when I filed. So this will be paid in 2012 ( assuming it gets heard in 2012) but will include money that was for months in 2011.

    Will I have to go back and do an adjusted filing when they pay this, or does the entire amount become taxable in the year actual paid
  • Jan 19, 2012, 01:16 PM
    AtlantaTaxExpert
    The entire amount is taxable in the year it gets paid, be it 2012, 2013 or whenever.

  • All times are GMT -7. The time now is 06:45 PM.