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Reply to "Aflac claim and taxes question"
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[quote=Anonymous]When I ran my own shop, I paid for short-term disability, so my employees disability benefits were fully taxable. While the payments were handled by the insurer, they gave me the data to report the disability payments made and taxes withheld. I needed those reports to pay for the employer share of FICA (Social Security and Medicare) and federal and state unemployment taxes. I included the STD payments in the W-2 for the employee. So my understanding is that the responsibility for tax reporting is on your employer even though the payments were made by AFLAC. If so, AFLAC does not owe you any tax information and you shouldn't report the AFLAC document for tax purposes. The statement they sent you about FICA deductions was only for your information. Check with your employer and ask if they included your short term disability payments on your W-2, as they would with other sick leave. No need to pay taxes twice on those disability payments![/quote]
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