Do you have an Intuit account?" />I received short term disability last year for maternity leave but I haven't gotten a w2 for it. How do I put that info into my taxes?
May 31, 2019 9:57 PM last updated May 31, 2019 9:57 PM Connect with an expertDo you have an Intuit account?" />
x
You'll need to sign in or create an account to connect with an expert.
1 Best answerPer IRS website. http://www.irs.gov/publications/p15a/ar02.html#en_US_2014_publink1000169582 : "A Form W-2 must be prepare d even if all of the sick pay is nontaxable (see Box 12 below). All Forms W-2 must be given to the employees by January 31."
Whether the payments are taxable depends on how and when they are paid. If all or a portion is taxable, the taxable portion will be reported on your W-2 that is issued by your employer, or reported on a Form W-2 issued by the insurer.
If you receive a W-2 for a third party sick pay, with no amount in box 1 for wages and the income is reported in box 12 with code of J: Non-taxable sick pay is not subject to taxation. It does not need to be reported on your income taxes. Your employer was required to generate a W2 with the figure, which is why you received it. So basically you do not need to file this return, per IRS.
If you and your employer share the cost of a disability plan, you are only liable for taxes on the amount received due to payments made by your employer.
1. If you pay the entire cost of a sickness or injury plan with after-tax money, you do not need to report any payments you receive under the plan as income.
2. If your employer pays half the cost of premiums and does not deduct these payments from your pay, then you most likely must report half the payments received as income.
3. Reimbursement of medical costs you’ve paid for after the plan was established are not taxable, but may reduce the amount of your medical costs deduction.
See the following TurboTax article for additional information: Are Short Term Disability Claim Payments . - TurboTax - Intuit
