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Taxpayer received a letter from Aetna who computed the
Taxpayer received a letter from Aetna who computed the disability benefit (third party sick pay) had an overpayment since social security granted the taxpayer as disabled. Social security retro the be… read more
Lev
Lev
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Bachelor's Degree Equivalent
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Would like to know how to report taxes on payroll forms, W2,
Hi, Would like to know how to report taxes on payroll forms, W2, W3 and 941 for an employee who received sick pay from a 3rd party. I can provide you with all the info needed to properly fill out the … read more
Dr. Fiona Chen
Dr. Fiona Chen
President
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I had an employee last year who received disability pay
I had an employee last year who received disability pay through Aflac. The employer paid the full premium. FICA tax has been paid by the employee and employer for 2017 for the first 6 months. The last… read more
Robin D.
Robin D.
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Vocational, Technical or Trade School
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I received a lump sum payout of disability from my employer
I received a lump sum payout of disability from my employer that is listed as third party sick pay. It amounted to $75462. They took out 424613.00 in Fed. Tax, but no State Tax for PA. In the box 16 o… read more
Lev
Lev
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Second opinion] My daughter-in-law was pregnant in 2016 and
Second opinion] My daughter-in-law was pregnant in 2016 and received Form W2 from LINA Benefit Payment from the insurance company Cigna, that is marked as "3rd party sick pay". It has federal amounts … read more
PDtax
PDtax
Owner
Master's Degree
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Tax withheld on private third-party sick pay versus Social
Tax withheld on private third-party sick pay versus Social Security Disability … read more
Charles Markham
Charles Markham
Principal
Masters Science Taxation
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I am disabled married filing separately and on long term disability
I am disabled married filing separately and on long term disability paid by the hartford through my ex- employer benefit - it's listed as third party sick pay in box 14 - do I have to pay taxes on tha… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
Taxpayer receives W-2 party sick pay, entered in Box
Taxpayer receives W-2 party sick pay, entered in Box 1. Has Fed w/h only, no other tax. Box 12 is empty. Box 13 is checked 3rd party sick pay. Box 14 says 3rd party sick pay and gives $ amount. Payor … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
Hi, disabled as of 10-20-11. Got Short term Salco til 4-20-12,
Hi, disabled as of 10-20-11. Got Short term Salco til 4-20-12, then "Third party sick pay" by LTD insurance. Is it all taxable? 2 W-2s and insurace premiums aren't paid by employer anymore. Plus, Insu… read more
Lev
Lev
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Bachelor's Degree Equivalent
42,661 satisfied customers
If third party sick pay are included on the employee W2. Which
If third party sick pay are included on the employee W2. Which of the following would be on the W3? Box b: check third party sick pay Box 13: the total amount of third party sick pay wages entered by … read more
Robin D.
Robin D.
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Vocational, Technical or Trade School
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Should a short term third party sick pay wages for an employee
Should a short term third party sick pay wages for an employee appear on their W2 (Keep in mind they rececieved a Supplemental W2 disablility benefits). Also, should this appear on the company W3?… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
42,661 satisfied customers
Ive been on disability since 2009 and have been receiving long
Ive been on disability since 2009 and have been receiving long term disability benefits from a previous employers insurance plan. I was awarded a lump sum social security disability payment of approxi… read more
Stephanie B.
Stephanie B.
Accountant
Master's Degree
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Hi. Im a registered preparer but my question is: What really
Hi. Im a registered preparer but my question is: What really is "3rd party sick pay?" Give me the whole story. When I ask my customer who paid for the premiums he/she will say"...uh...well... they too… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I am an employer, in 2009 my employee received disability(maternity)
I am an employer, in 2009 my employee received disability(maternity) benefits from a life and disability company our business pays. The employee does not contribute to the plan. The employee received … read more
Merlo
Merlo
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558 satisfied customers
from q4 2007 to q1 2008 I was paid 3rd party sick pay (short
from q4 2007 to q1 2008 I was paid 3rd party sick pay (short term disability) when I was denied workers comp. with a lawyer I was awarded a settlement in 2008 for my time out of work only and I repaid… read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
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My wife received payments from Aflac for benefits under an ...
My wife received payments from Aflac for benefits under an Accident policy and Intensive care policy that was provided for her at no cost by her employer. Most of the payments were for specific injuri… read more
Ed Johnson
Ed Johnson
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Bachelor's Degree
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I received Third party sick pay for a majority of 2007, ...
Thanks for the additional information, You should have no problem gettting the corrected W-2C based on payments returned to them during 2007. 2008 returned payments will have to be treated in 2008. Le… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
I got a w-2 form for the amount of my third party sick
I got a w-2 form for the amount of my third party sick pay, but I did not get that money because I signed those checks over to my employer because they asked for them since there was no break in my pa… read more
WebTaxMan
WebTaxMan
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