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Receiving disability payments?
Posted By ted On January 31, 2011 @ 5:53 pm In News | No Comments
Members who received disability-claim payments from Anthem or Lincoln in 2010 will be receiving IRS W-2 forms from those insurers.
This does not mean that the benefits are taxable. It is merely a reporting requirement of the IRS.
The payments will be listed in Box 12 with a “J” and the amount received. This notifies the IRS that the disability income is non-taxable.
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URL to article: http://utu.org/2011/01/31/receiving-disability-payments/
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