I am disabled and I have received a W2 from the insurance company paying my claim. This is the first year I have been disabled. The wages are listed in box 12a with a code of J. The "third party sick pay" box has been checked. This is the only place on the W2 that the earnings are listed. My question is this "Are these earnings taxable"? I have researched the question and have not found a definitive answer. Jerry
2007-04-03 09:58:34 · 3 answers · asked by jmatteis07 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
Wages listed under box 12 with a code J are nontaxable sick pay earnings. They are reported for information purposes only.
2007-04-03 10:13:31 · answer #1 · answered by iuneedscoachknight 4 · 3⤊ 0⤋
I get SSDI, and did have state disability prior to that. They were not taxable, but call H+R Block; they should be able to answer your question over the phone.
2007-04-03 10:08:09 · answer #2 · answered by boogeywoogy 7 · 0⤊ 3⤋
it would appear that John has this one correct,,
2007-04-03 10:57:37 · answer #3 · answered by Jeff 3 · 1⤊ 0⤋