ABD Blog Taxation of Disability Benefits

Question: How are employer-sponsored disability plan benefits taxed? Short Answer: Disability benefits are taxable if the insurance premium was non-taxable to the employee in the year of the disabling event. On the other hand, disability benefits are non-taxable if the insurance premium was taxable to the employee during the year of the disabling event. Disability [...]The post Blog first appeared on ABD Insurance & Financial Services.