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-   -   I pay $1 for LTD premiums after taxes and employer pays rest. Is my LTD pay taxable (https://www.askmehelpdesk.com/showthread.php?t=476636)

  • Jun 5, 2010, 07:51 AM
    smarsh
    I pay $1 for LTD premiums after taxes and employer pays rest. Is my LTD pay taxable
    I pay $ 1 for LTD premiums after taxes. My employer pays rest of premium for LTD for me. Will my LTD checks be taxable now that I've just been granted full disability?
  • Jun 5, 2010, 08:51 AM
    AtlantaTaxExpert
    Yes, the long-term disability is taxable, because the $1 is only a nominal payment. The REAL cost of the LTD was born by the employer.

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