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Federal Workers' Compensation

The Office of Workers' Compensation Programs administers four major disability compensation programs which provide wage replacement benefits, medical treatment, vocational rehabilitation and other benefits to certain workers or their dependents who experience work-related injury or occupational disease.

Here is a forum for members to share and exchange experiences regarding to workers' compensation related issues.


To read today's top news stories on federal employee pay, benefits, retirement, job rights and other workplace issues visit FederalDaily.com.
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policetpd209  
#1 Posted : Friday, September 16, 2022 9:19:38 AM(UTC)
policetpd209

Rank: Newbie

Groups: Registered
Joined: 5/20/2022(UTC)
Posts: 1
United States
Location: Brunswick, GA

So I am in the process of getting through a schedule award. I am 74% permanent partial disability in my right knee after knee replacement two years ago. My lawyer is working on the CA–7. if I did the figures correctly the award will be over $300,000, my question is does the IRS tax that as wages? If they decide to do the monthly payments, how long do they have to pay it off? And I understand there is a three or 4% take away from the lump sum amount, which obviously would hurt with the taxes, if IRS taxes the money.

Any advice or information is much appreciated!!
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