Solved
Is short/long term disability payment taxable?
No text available
It depends. If you get a tax document (W-2 [box 1] or 1099-R) for the payment, it's taxable.
The rule is if you paid the insurance premium, with after tax money, the disability benefit is tax free. If your
employer paid the premium (as in most cases) or you paid the premium with
pre-tax money, the benefit is taxable.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
