I had to take LTD in 2016. I was forced by the LTD company from my employer to file for SSDI. However, SSDI didn't approve until my eligibility until 2019. I went back to work mid-2019. Today, I received a 2019-1099 for the $44,000 ($7200 from 2016, $22,000 for 2017, and $15,000 for 2018). The back pay from SSDI was $44,000 of which $6000 went to an attorney and the remaining $38,000 was paid back to the LTD company. It seems like I will have to pay income taxes on the entire $44,000. Is that what is happening here? I don't have that kind of money laying around. I'd have to ask for a payment plan. I am so worried about this.
I appreciate any information/guidance. I've been with Turbo Tax for many years and appreciate their support.
