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Old 04-19-2024, 11:57 AM   #111
iggy_oi
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Quote:
Originally Posted by Locke View Post
Thats a fairly good explanation but it tends to be a little more complicated than that, but unfortunately when it comes to Disability benefits, both short and long-terms, its the really little details that make very big differences.

I wouldnt be able to give you a solid answer based on this information.
I believe the STD/LTD benefits are also none taxable if the premium costs are shared between employer and employee regardless of how those costs are divided but I’ve personally never dealt with that situation, can you confirm if that is generally the case?

My understanding has been that so long as the employee covers any portion of the STD/LTD premiums it’s not taxable.
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