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is a payment from aflac

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Posted: Fri Jan 30, 2009 12:19 am   Post subject: is a payment from aflac   is a payment from aflac from a disability policy considered taxable income	midniteangel New member Joined: 30 Jan 2009 Posts: 1 2.11 Dollars($)
Posted: Fri Jan 30, 2009 6:25 am   Post subject:    Was it through your employer? or you have purchased it individually? If you have paid the premium from your after tax income then it might not be taxable. You may talk to an aflac associate regarding this. _________________ Register Now to have your Insurance queries solved.	anonymous 12 Guest
Posted: Fri Jan 30, 2009 6:35 am   Post subject:    Yeah, if your employer has paid the premium then it would be considered as deferred compensation and therefore is taxable. However, the benefits received from a private disability policy isn't taxable if paid by the policy holder with his after tax money. _________________ Register Now to have your Insurance queries solved.	bluebell Guest
Posted: Mon Feb 23, 2009 8:18 pm   Post subject: aflac payments and income tax   What if the payment was paid entirely by the employee but came out of pretax dollars - were deducted from the paycheck prior to taxation? _________________ Register Now to have your Insurance queries solved.	Karen Guest
Posted: Sun Jun 28, 2009 10:40 pm   Post subject:    If the money was paid pre-tax then the proceeds are probably taxable. Check with your company's HR or with your tax advisor if you have one.	wdrazek New member Joined: 28 Jun 2009 Posts: 2 1.65 Dollars($)

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