How are past and future lost wages calculated?
If you were working before your accident and you’re injured, you may now have limitations at work or can’t work at all. The income on which you’ve missed out due to those limitations or inability to work, which make up past lost wages. Depending on the severity of your injury, you may miss more work or may never be able to return to work, which make up future lost wages. The value of lost wages is usually determined by reviewing your tax returns before and after the accident to determine how much income on which you’ve missed out.
If you were working before your accident and you’re injured, you may now have limitations at work or can’t work at all. The income on which you’ve missed out due to those limitations or inability to work, which make up past lost wages. Depending on the severity of your injury, you may miss more work or may never be able to return to work, which make up future lost wages. The value of lost wages is usually determined by reviewing your tax returns before and after the accident to determine how much income on which you’ve missed out.
