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 Maximizing Your Workers’ Comp Benefits May 5th, 2025 In "Workers’ Compensation" Are Prosthetics Covered by Workers’ Compensation After a Work-Related Amputation? May 24th, 2025 In "Workers’ Compensation" What to Do After a Car Accident in North Carolina March 1st, 2025 In "Car Accident"