Please help. Income tax question.

[caledesi]

I have been on disability since Oct 2005 and my husband has not worked since completing a temp job in April 2005. (approx 3K total).

So, is my disability going to be taxed?

I am so confused.

TIA.

[Nye Bevan]

1. It is likely that it is taxable income

see http://www.irs.gov/faqs/faq-kw43.html


however, assuming that you are filing a joint return with your husband you are entitled to the standard deduction of $10,000. So if your joint income is less than this there will be no tax due.

http://www.irs.gov/publications/p501/ar02.html#d0e5773

[caledesi]

3. Thank you all so much. DUers ALWAYS come through, nt

[catmandu57]

2. No

You won't have to bother with taxes, I'm on disability and have never had to file.

[oneighty]

4. Are you on SS disability

or a company plan. It looks like that might make a difference.

180

[WCGreen]

5. No, you won't even have to file if that is your only income....

Disability is taxed the same as regular SSI payments. Up to about 32k per couple, including the Disability, makes the Disability tax free. After that amount, you would have to claim a certain amount based on how high your income goes....

If you have any questions or need someone to look over your taxes, PM me...

I have been preparing taxes for over 20 years....