|
Posted by Harlan Lunsford on January 24, 2007, 1:56 am
Please log in for more thread options
gindie wrote:
> Wife was on disability for shoulder surgery between
> Thanksgiving and New Years. The insurance was paid solely
> by the employer, therefore taxable. She received payments
> directly from the insurance company, which also deducted
> FICA, but not Medicare.
>
> Questions are:
>
> 1) is the amount of insurance payments typically included in
> the W-2 issued by the company? Her W-2 has no special codes
> indicating this.
Nope.
> 2) If not, will we be getting some sort of tax form from the
> insurance company?
Yep.
> We have the check stubs for the
> payments, is this sufficient documentation for adding the
> amount on the 1040?
Wait till you get the W2 form. Have to have it before
filing.
ChEAr$,
Harlan Lunsford, EA n LA
<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap