Is salary advance taxable?

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Unsworth 0 Comments

Do you know if salary advance is taxable? How is the salary advanced treated and how is it taxed? Do you know where I can find information on the IRS website?

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score 0 · Answer 1 · 2012-12-02T14:43:29+00:00

Your salary is taxable either when its received or when it is due to be received (which even point is earlier). Therefore, a salary advance is taxable.