2009 I recieved about $3600 From AFLAC short term Disability Policy,I'm told that because it was taxed every week tn my paycheck that it's not reportable ? at tax time? is this correct and if not what is the required to be filed at income tax time? live in New York
Thanks
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Paul Thode has many years of experience preparing taxes. In addiion he has many years of accounting experience, ranging from Assistant Controller to Chief Financial Officer of a publicly traded company. He has a Bachelors in Managerial Economics from the University of California, Berkeley. He has a Master's in Accounting from Golden Gate University. He has an MBA in Finance from Golden Gate University. View Profile
If you mean that you had money deducted from your paycheck to pay for this disability insurance, then it would not be taxable.
You don't have to file anything.
If you have not received a 1099 or W2 for this income by this time, this would also mean it is not taxable.
Best regards,
Paul
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