Originally Posted by
The Juice
Even if taxes arent withheld from the paycheck, I assume Uncle Sam would still want his cut at the end of the year when those earnings are reported.
And I hope that 15% would sign up, but because I have no way of knowing, I consider it to be not reliable enough to bank future payments on it.
If a pilot where to pay for LTD benefits out of his/hers own pocket and the benefits were used it would be a tax free event.
If the company pays for it then it is considered a before tax event and then it would be taxed as regular income.