Tax Fairness for Survivors Act

This bill exempts from federal income tax payments received as judgments, awards, or settlements related to sexual assault or sexual harassment claims. It directly affects survivors who win such claims, including amounts for back pay, punitive damages, attorney fees, and other related payments. Key provisions amend the tax code to exclude these specific payments from taxable income, social security taxes, railroad retirement taxes, unemployment taxes, and wage withholding. The law applies to taxable years beginning after the bill's enactment date.