Statute
Section 1172 — Social Security Act 1991: Lump sum compensation not counted as ordinary income
Text of the provision Official document
If an amount of a compensation affected payment is not payable to a person under section 1169 because the person has received a lump sum compensation payment, that lump sum compensation payment is not to be regarded as ordinary income of either the person or the person’s partner (if any) for the purposes of a provision of this Act, other than point 1071A-4.
Official source: Federal Register of Legislation
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