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Employer Paid Disability Insurance Premiums

If the employee is on disability, he must include in income any disability payments received under a plan that is paid for by his employer.  The taxable disability payments are reported as wages until the employee reaches the minimum retirement age. 

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Cathy Fisher

Common Cents Bookkeeping and Tax Preparation

Serving Henderson, NC, Buncombe County, Polk County, Transylvania County

E: cathy@commoncentsqbo.com

P: 828-595-2835

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