peter07043
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Your settlement should NOT be taxable based on what you’ve stated.
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See TomD8’s reply above. When I had this issue last year, I verified with the IRS and my accountant that if the premiums were paid with after tax dollars the be...
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I have the same situation. My premiums were paid entirely by me with post tax dollars. However, just to verify that I won’t owe tax on the out-of-court settleme...
Activity Feed for peter07043
- Posted Re: Long-term disability benefits are not taxable when the in... on Deductions & credits. January 28, 2021 12:50 PM
- Posted Re: Long-term disability benefits are not taxable when the in... on Deductions & credits. January 28, 2021 10:21 AM
- Got Cheered for Re: I've settled out-of-court for a long-term disability claim. The LTD policy premiums were paid with after-tax dollars. Is the out-of-court settlement taxable?. January 28, 2021 4:25 AM
- Posted Re: I've settled out-of-court for a long-term disability claim. The LTD policy premiums were paid with after-tax dollars. Is the out-of-court settlement taxable? on Deductions & credits. November 18, 2019 10:58 AM