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Xatnuf
New Member

third party sick pay

my w2 has  an amount on line 1 ,third party sick pay is checked, there is no letter J.  but on my pay stubs it show that the LTD (long term disability) premiums where maid with my post tax dollars, so are the payments i am receiving from this taxable and do i have to report this on my taxes?

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3 Replies
DavidD66
Employee Tax Expert

third party sick pay

It is hard to answer definitively with such limited information; however, based upon what you have described, it looks like what you may have is a W-2 reporting short term disability payments paid by a third party as a company provided benefit (i.e. you did not pay for it with after tax funds).  That would be reported on a W-2, and is taxable.   Long term disability usually doesn't start paying until you have been out between three and six months.  Payments made under a LTD plan would not be reported on a W-2.  If taxable, they would be reported on a 1099.  I suggest you contact your company's HR/Benefits department for clarification.

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Xatnuf
New Member

third party sick pay

my short term ended in september of 2021 and thats when i started on LTD thtas why im cofused about this W2 ?

DavidD66
Employee Tax Expert

third party sick pay

As I mentioned previously, it's hard, if not impossible to determine what exactly is being reported and whether or not it is, or should be taxable.  You should consult with whomever at your company' (payroll/benefits/HR) is responsible for overseeing these benefits.  That said, if something is reported in Box 1 of a W-2, it is taxable. 

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