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Updated over 11 years ago on . presented by

User Stats

170
Posts
33
Votes
Bill Briscoe
  • Accountant
  • Thornton, CO
33
Votes |
170
Posts

Tax deduction for injury treatment of employee?

Bill Briscoe
  • Accountant
  • Thornton, CO
Posted

I am a partner in an LLC, one of our employee/owners was injured on the job. If the LLC pays for the medical treatment, or if a lawsuit is filed and settled, can the payment be deductible since it came out of an LLC?

The payment was not real large so from a worker's comp liability perspective, we are effectively self-insured for claims at this level.