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I have a supplemental accident plan through Allstate. My work takes the premiums pre-tax. I received a payout from it. Is it taxable and where can I find out more info?
Received $1155 payout due to broken arm from the supplemental accidental policy. Since my Employer takes out the premiums I am paying with pre-tax dollars not sure if this is taxable or not. Have not gotten a 1099 or anything like that. Want to know where in the tax code it addresses this and if taxable where do I put it on my return.
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‎June 4, 2019
12:46 PM