Document Type

Article

Publication Date

1995

Publication Information

1994-1995 Preview U.S. Sup. Ct. Cas. 279 (1994-1995)

Abstract

The Internal Revenue Code excludes damages received "on account of personal injuries" from federal income taxation. In this case, the Supreme Court decides if back pay and damages received under the Age Discrimination in Employment Act qualify for this exclusion. The Court's decision could affect thousands of workers who have brought, or may bring, federal age discrimination claims after losing their jobs in downsizings. It may also resolve the tax status of punitive damages.

Comments

Issue 6, March 7, 1995

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