Some disability payments are free of income tax and there are special deductions and tax credits available to disabled people and their caregivers.
With the tax rate for corporations decreasing the government is left with how to pay for federally funded programs and services for people such as the disabled.
If you are receiving disability benefits you may have to pay taxes on those payments. If you are receiving Social Security or Long Term Disability benefits, you may be wondering how it will affect your taxes. Taxes can be complicated, and the information provided here is only intended to act as a guide.
If you have Long Term Disability insurance, you may be wondering how it will affect your taxes. You may need to pay taxes on disability benefits you received.