Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Can $ paid back to insurance co for non taxable sick pay received in prior years be deducted from taxable social security disability received currently in settlement?

workingtoolong
Level 2
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Best Answer

Accepted Solutions
Just-Lisa-Now-
Level 15
Level 15

Did the non taxable sick pay get included as income in prior years?    

"non taxable" makes it sound like it wouldn't have ever been included in income.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

0 Cheers
3 Comments 3
Just-Lisa-Now-
Level 15
Level 15

Did the non taxable sick pay get included as income in prior years?    

"non taxable" makes it sound like it wouldn't have ever been included in income.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
0 Cheers
workingtoolong
Level 2
No not taxable but SS settlement is taxable. Can that be reduced by the $ required to be paid back to the insurance co?
0 Cheers
sjrcpa
Level 15
No

Ex-AllStar
0 Cheers