Canada short term disability is it taxable income?

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If you are referring to Short-Term Disability Insurance, it is taxable if your employer made the contribution, and not taxable if you made the contribution. This is because it is treated as a taxable benefit from employment that you have not been taxed on already.

Please let me know if you are referring to something else.


HandyTax (Disability Tax Credit Consultants)
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Are long term disability payments taxable?

Answer . Not if you were paying for your own policy yourself. Tax free benefit. 4lifeguild . Maybe. Disability payments can considered to be partially or fully taxable

If you are receiving short-term disability income benefits and you decide to quit your job will you have to reimburse your employer for the percentage of your income you received during your leave?

NOT ONLY BAD QUESTION but ILLOGICAL - first you collect INSURANCE Benefits - not PAY (this money comes from insurance policy that you and/or employer pay into) - - You don't r

Are short term disability payments considered income on your tax returns?

Generally speaking, this depends on who paid the premiums. If you bought the policy yourself with after-tax dollars, (it didn't come out of your paycheck before taxes were fig

Is short term disability income taxable?

The taxable status of short term disability depends upon how you pay the premium. If you pay for short term disability at work via pre-tax deductions, the benefit will be ta

Is long term disability income taxable?

With Disability insurance, the taxation of benefits is based on how the premiums were paid. If the premiums are tax deducted, then benefits will be taxable as ordinary income.

I have a W-2 with non-taxable sick pay. It was for short term disability and I paid the premium. Do you include that W-2 for the non-taxable sick pay when I file my taxes?

I'm a bit confused by what your saying...but agree and understand the principal.. Doesn't the W-2 show the income in a psecial bix for non taxable comp?. It absolutely needs

Is disability insurance taxable income?

Determining if the benefits are taxable depend supon whether the premiums were paid before or after taxes. If before taxes, the disability income you receive is taxable. If yo