Disability

[GSP]

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

[Unregistered]

Who paid the premiums on the disability policy?

[S T]

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.

[Ken]

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.

[Unregistered]

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.

[Unregistered]

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

[Ken]

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.

[Unregistered]

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.

[GSP]

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.