Ask Experts Questions for FREE Help !
Ask
    cochrkm's Avatar
    cochrkm Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Oct 24, 2010, 04:52 PM
    Taxable vs non taxable ltd
    I am receiving ss long term disability and ltd through my employer which I paid for entirely. I was getting 3500 per month from my employer all non taxable. Now ss disability is paying 2150 per month so my employer reduced there payment by 2150 to 1350 per month. Problem is ss disability is going to be taxed at around 25%. I therefore loose around $537 per month to taxes. Seems wrong that I have to take a 537 pay cut from the 3500 I was getting.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Oct 25, 2010, 03:53 PM
    Redundant post; aloready answered.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

What kind of wages are suta taxable but not futa taxable? [ 1 Answers ]

I am trying to determine why YTD Futa wages would be different from SUTA wages.

Taxable and non-taxable income in 2008 [ 1 Answers ]

Hello, I have already asked this question, but I made a mistake, So here it is as it supposed to be: Briefly my situation: I and my wife came to the USA in September, 2006. I have J1 visa- scholar (from the very beginning) and my wife J2, we are citizens of Poland. We have never left the USA...

Perdiem, travel and other expenses/taxable non taxable [ 1 Answers ]

Hi, Here I will explain my situation and help me under stand about taxable non taxable items. 1. I am on H1B from a company based in Teaxas. But I do not live in Texas. My wife works in Michigan and I live in Michigan along with my wife. 2. My temporary company assignment is in Atlanta,...

Taxable and non taxable pay [ 1 Answers ]

I just started work for a new Oil & Gas Pipeline Company in Texas. While working at a previous similar company our welders were paid hourly, then they receive a daily per diem, rig pay (for use of their welding rig by the hour), tool pay (for the use of their welding tools by the hour). We also...

QUICKBOOKS Inventory Items taxable or non-taxable [ 0 Answers ]

I have Quick Books Basic. Our small business sells clothing. Recently moved from Pennsylvania (where clothing is a non-taxable item) to Washington (where clothing is a taxable item) So inventory items were all entered in Pennsylvania as non-taxable. And now that we are in Washington they ought...

View more questions Search