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    Disability

    My Client Has A Disability W2, He Says It Is Not Taxable And Not To Use It On His Return.
    It Has Federal And State Held Out. Can I Do This And Leave It Off His Return? Every Year He Gets It And Not Files It.

    Thank You

    #2
    Who paid the premiums on the disability policy?

    Comment


      #3
      Withholding

      If it has withholding, I think you have to enter it and show non taxable if T/p paid for coverage. T/P should receive a possible refund of withholding.

      Comment


        #4
        disability W-2

        Is this a W-2 or 1099?
        I have never heard of a disability W-2. And if its not taxable, why did they withold fed and state tax.
        The whole thing does'nt make sense to me.
        ken

        Comment


          #5
          Originally posted by Ken
          Is this a W-2 or 1099?
          I have never heard of a disability W-2. And if its not taxable, why did they withold fed and state tax.
          The whole thing does'nt make sense to me.
          Yes, it is a W2 from Metlife and yes it does have fed and state held out.

          Comment


            #6
            Disability Income

            Disability income is usually reported on 1099r with code 3 in box 7. If it is a w2 then there should be a code in box 14. eg code j which is sick pay and shows the employee's contribution..If there is an amount in box 1 you need to show it on the return as taxable income. Maybe the IRS have not picked up on t he previous years yet but they will in due course.
            Report it as taxable income

            West

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              #7
              disability

              If it is a w-2 and it has fed and state tax taken out, I'm going to report it on line 7. Plain and simple.
              ken

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                #8
                Walks like a duck

                If it walks like a duck and talks like a duck ITS A DUCK.
                If its a W-2 its a W2. It is to be reported on the tax return or get a corrected one.

                Comment


                  #9
                  Originally posted by Unregistered
                  If it walks like a duck and talks like a duck ITS A DUCK.
                  If its a W-2 its a W2. It is to be reported on the tax return or get a corrected one.
                  Thank you all for your input, never had one before.

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