Do I Pay Taxes On My Workers’ Compensation Benefits? No, workers’ compensation benefits are not taxed. Likewise, any related workers’ compensation settlement is not taxed. Related The Hidden Costs of a Personal Injury May 20th, 2025 In "Personal Injury" Workers’ Compensation Quiz: True or False? February 25th, 2025 In "Workers’ Compensation" Navigating Workers’ Compensation in North Carolina March 1st, 2025 In "Workers’ Compensation"