Is My Disability Insurance Taxable?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Disability insurance is generally taxable in one of two ways. Either you pay for premiums with your own funds that have already been taxed, in which case you will probably not need to pay taxes on the income from your policy if it is ever needed. If your employer pays for your policy, or if you pay for it with funds that have not yet been taxed, you will need to pay taxes on the insurance benefits if needed.
    Answered on July 30, 2013
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