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emc011075
emc011075, Tax adviser
Category: Tax
Satisfied Customers: 2320
Experience:  IRS licensed Enrolled Agent and tax instructor
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I receive disability benefits from a private company. The

Customer Question

I receive disability benefits from a private company. The policy was paid for with after tax dollars . Do I have to report it to the irs
Submitted: 2 months ago.
Category: Tax
Expert:  emc011075 replied 2 months ago.

Hi. My name is ***** ***** I will be happy to help you.

If the premiums were 100% by you and not by the employer, than you do not need to include it in your taxable income. You will most likely receive some type of tax statement so you would have to report it but not as taxable income. Sometimes short term disability is reported on W2 with code J in box 12.

Expert:  emc011075 replied 2 months ago.

I see you read my respond. Do you have any questions? Is there anything else I can help you with today?

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