Solved: How do you calculate taxable portion of disability income when premiums are split between insured and employer?
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solarqa
New Member

How do you calculate taxable portion of disability income when premiums are split between insured and employer?

If employer paid $1 per month and employee paid $9 per month (after tax dollars),  would the taxable portion be 10% of the benefit paid?


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Anita01
New Member

How do you calculate taxable portion of disability income when premiums are split between insured and employer?

Yes, exactly.  You simply do this same calculation to determine the taxable vs,  nontaxable portion of the benefits you receive.

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1 Reply
Anita01
New Member

How do you calculate taxable portion of disability income when premiums are split between insured and employer?

Yes, exactly.  You simply do this same calculation to determine the taxable vs,  nontaxable portion of the benefits you receive.

View solution in original post

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