Injured and unable to work as you used to? You are probably missing out on the money you used to earn. After an accident, whether at work or elsewhere, an attorney can help determine how much money you have lost through unemployment and how much money you may lose in the long run as a result of your injuries.
Lost wages are money you’ve already missed, and future earning potential is how your injury may prevent you from working the way you used to, and you deserve compensation for both.
If you are not sure where to start, attorneys at Abels & Annes, PC., can guide you in this process. They will help you understand how to prove your lost earnings and loss of earning power, ensuring you receive the compensation you deserve.
Ways to Prove Your Lost Payment and Loss of Earnings
To make sure you get the compensation you deserve for your lost earnings, you need to provide strong evidence of how much you lost as a result of the injury.
Here is a more detailed explanation of what you need to do and what kind of evidence you need to collect.
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Find Your Payment Records
The first step is to gather any earnings records you have before the injury. This includes pay stubs, W-2 forms, and any other official document that shows how much you’ve been earning.
The goal is to prove what your average income looked like before the injury, so that the insurance company or court has a benchmark for you. lost wages. These records will give a clear picture of what you have been earning on a weekly, monthly, or yearly basis.
Track Time You Miss Work
You will also need to track the exact dates and hours you missed due to injury. This is important because you will need to show how long the injury kept you out of work. Keep a detailed record of these missed work days (whether you were out of work for several days, weeks, or months). The more accurate you are, the better, so be sure to include specific hours that you missed, not just days.
Ask for a Doctor’s Note
A doctor’s note can be very helpful in confirming that your injury is the reason you are unable to work. The note should explain what your injury is, how it affected your ability to do your job, and how long you were unable to work because of it.
This note serves as professional verification of your claim that your injury has directly impacted your ability to earn income.
Calculate Your Lost Earnings
With your wage records and the number of work hours missed, you will need to calculate how much you lost as a result of the injury.
This can be done by multiplying your hourly earnings by the hours you missed or by using your regular earnings to calculate your lost earnings for each day of work you missed.
If the injury was long-lasting, you must calculate this loss over a period of weeks, months, or however long it took you to return to work.
File Your Tax Returns
Tax returns are another important piece of evidence to support your claim. They show how much you were making before the injury and can highlight any discrepancies between your income before and after the injury.
These documents serve as a financial summary of your net worth and can provide additional evidence of the financial impact the injury has had on your life.
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