The Traderszone Network

Published in TZ Latest News 4 August, 2017 by The TZ Newswire Staff

Is Disability Pay Taxed?

If you suffer some disabling ailment or injury, you’ll be glad to have disability pay coming in. However, it’s important to understand that the IRS — and your state — may want to take a cut of that pay. Some sources of disability pay will be taxed as income, while others are completely tax-free, and still others may or may not be taxed depending on the situation.

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