I have a question regarding reporting jury duty taxes. I recently served on a jury and received payment for my service. Is the money I earned taxable — Is jury duty taxable income?
Yes. Like any other compensation you earn for providing a service, the compensation you receive for serving as a juror must be included when determining your gross income. Registered voters, licensed drivers and most property tax payers in the United States have the potential to receive a summons for jury duty at a local or federal court at some point. In return for your service during the jury selection process and during a trial, the court commonly pays you a token amount of money for each day of your service — jury duty pay. You must declare this payment and include it in your total taxable income on your annual federal tax return — jury duty taxes. The general tax rule requires you to report all jury duty pay on the “other income” line of your Form 1040. Note that the “other income” line asks for the type of income as well as the amount. On the dotted line, immediately before entering the total pay, write “Jury Duty.” You’ll report this income on Form 1040, Line 21.
How much investment income can children earn before paying taxes? Learn more from the tax experts at H&R Block.
Should you report disability insurance payments as income on your taxes? Learn more from the tax experts at H&R Block.
Learn more about reporting a 401K rollover with tips from the tax experts at H&R Block.
If you have owned a rental property for many years but have never claimed depreciation, can you catch up and claim it now? Learn more from the tax exp