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Reply to "Aflac claim and taxes question"
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[quote=Anonymous]First, try to get your employer to account for the income properly and give you a corrected W-2. Your employer is liable for not paying their share of your Social Security, Medicare, and unemployment taxes plus hefty penalties. The problem for you is if that the underreporting could impact your Social Security benefits. From an income tax perspective, it is much easier to just file using the W-2 you were given. If you want to be super safe, just add the STD benefits as additional income and pay the taxes accordingly. But, the chances are that the IRS will never be able to figure out your W-2 is incorrect unless your employer fixes it. Then, you will need to pay the additional taxes plus interest, but not a penalty. So you can take your chances and go with the flow.[/quote]
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