3317126
You'll need to sign in or create an account to connect with an expert.
For income tax purposes, "disabled" means unable to perform gainful work, due to a condition that is permanent, or is expected to last at least 1 year, or that is expected to lead to death.
If you are on STD because you are expected to be able to go back to work in a short time, then you are not disabled for tax purposes including retirement penalties. However, if you are permanent disabled and your company is paying out STD before switching to LTD, then you are disabled. The type of policy doesn't matter, what matters is when you might be able to go back to work.
No. For the IRS, to qualify as disabled, you must be permanently and totally disabled.
You have a permanent and total disability if you can't engage in any substantial gainful activity because of your physical or mental condition.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Sgoddard14
New Member
rgarchitorena
New Member
thereseozi
Level 2
dixonmarr
New Member
srobinet1
Returning Member