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 Why you should consult a lawyer BEFORE you give a recorded statement in a Workers’ Compensation case July 21st, 2021 In "Workers’ Compensation" What is my statute of limitations (SOL) and what does that mean January 19th, 2021 In "Car Accident" Why Choose Shankle Law Firm? February 23rd, 2021 In "Uncategorized"