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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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