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Get your taxes done using TurboTax
There is another factor to consider when determining if your disability payments are tax exempt. If you and your employer share the cost of a disability plan, you are only liable for taxes on the amount received due to payments made by your employer. So, if you pay the entire cost of a sickness or injury plan with after-tax money, you do not need to report any payments you receive under the plan as income.
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‎February 27, 2020
12:14 PM