Is SSDI back pay taxable income?
Received back pay from SSDI in 08, but some of that money was for 07. Is that money taxable? If so does it all get claimed for 08 or does something have to be done for 07 taxes? Receive monthly SSDI, no other earned income. I do receive money monthly from a LTD policy that has already been determined not taxable by the CPA that did my taxes the last partial year that I worked in 06, because something like the policy was paid with after tax dollars. I did not have to file in 07 as the LTD was not taxable. Now I have the SSDI and the back pay & not sure how of if that has to be claimed as taxable income.
Thanks for any help that is provided. This is my first quesiton here so I hope I did this right.