Is The Long Term Disability I Am Receiving Taxable ?
Generally, you must report as income any amount you receive for your disability through an accident or health insurance plan paid for by your employer. If both you and your employer pay for the plan, only the amount you receive for your disability that is due to your employer's payments should be reported as income. If you pay the entire cost of a health or accident insurance plan do not include any amounts you receive for your disability as income on your income tax return. If you pay the premiums of a health or accident insurance plan through a cafeteria plan, and the amount of the premium was not included as taxable income to you then the premiums are considered paid by your employer.
Note If you need professional help with "Insurance" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.