My employer and I contributed into the company's LTD plan with Metlife. I paid for 17% of income with after-tax salary and my company contributed to 50% of income as a pre-tax payment. I am now on LTD and Metlife Insurance sent me a W2 showing all the LTD payment as subject to tax withholding.
IRS guidance says "If both you and your employer have paid the premiums for the plan, only the amount you receive for your disability that's due to your employer's payments is reported as income."
https://www.irs.gov/faqs/interest-dividends-other-types-of-income/life-insurance-disability-insuranc...
Metlife says that all the LTD payment is subject to tax withholding which is why it all shows on the W2, but that is inconsistent with IRS guidance.
Please what should I put in my tax return and how do I enter this into Turbotax?
