April #122 : Legal Eye-April 2006 - by Catherine Hanssens

POZ - Health, Life and HIV
Subscribe to:
POZ magazine
E-newsletters
Join POZ: Facebook MySpace Twitter Pinterest
Tumblr Google+ Flickr MySpace
POZ Personals
Sign In / Join
Username:
Password:

Back to home » Archives » POZ Magazine issues




Table of Contents
 

Anonymous No More

Editor's Letter-April 2006

Dead Certain?




Tough Breaks

Hepatitis C: New Help Is on the Way

Blowing Smokes

Doctor's Diary-April 2006

Tasty Freeze

Snack Pack

Double Duty

POZ Personals of the Month-April 2006

Toon Darn Hot

Legal Eye-April 2006

Office Politics

Worldwide Web




Up Close and Impersonal

Border Patrol

A Virus in Verse

Oral Fixation

Germ Warfare

Sleeping With the Enemy

The Plot Thickens




Editor's Letter-April 2006

Mailbox-April 2006



Most Popular Lessons

The HIV Life Cycle

Shingles

Herpes Simplex Virus

Syphilis & Neurosyphilis

Treatments for Opportunistic Infections (OIs)

What is AIDS & HIV?

Hepatitis & HIV



email print

April 2006


Legal Eye-April 2006

by Catherine Hanssens

Tax Time

I was on disability all last year and have some unpaid medical bills. Do I have to pay taxes on my benefits, and can I deduct those bills?    
—OVERTAXED

Dear Taxed,
Well, that depends on your benefits. Supplemental Security Income (SSI) is never taxed. From 50% to 85% of Supplemental Security Disability Insurance (SSDI) can be taxed if you also had income from another taxable source and if half your social security benefits plus all your other income is more than $25,000 for singles and $32,000 for married folks. The percent and tax rate depend on income. Fill out the worksheet the IRS sends with the 1040 form or in IRS publication 915 to figure out how much you owe. Because unemployment benefits are taxed, state disability benefits can be taxed if you switch from unemployment to disability without asking the unemployment office to remove you from their list of beneficiaries.

Private disability is taxed as earned income when your employer pays the premiums, but not if you do. As for medical bills, anyone can deduct costs over 7.5% of their gross income (include transportation costs for medical care and health insurance payments).

State benefits vary, and the tax code is full of complexities, so check if your local AIDS organization or local bar association has a free program offering tax advice. Search the American Bar Association’s AIDS directory, www.abanet.org. Many happy returns.



*Catherine Hanssens, JD, founded The Center for HIV Law and Policy. Her column offers general guidance and should not substitute for a lawyer's counsel.

Send all legal queries to law@poz.com.


[Go to top]

Join POZ Facebook Twitter Google+ MySpace YouTube Tumblr Flickr
Quick Links
Current Issue

HIV Testing
Safer Sex
Find a Date
Newly Diagnosed
HIV 101
Disclosing Your Status
Starting Treatment
Help Paying for Meds
Search for the Cure
POZ Stories
POZ Opinion
POZ Exclusives
Read the Blogs
Visit the Forums
Job Listings
Events Calendar


    acousticmat
    Tucson
    Arizona


    Sloan1
    Dallas
    Texas


    Fred9774
    Brooklyn
    New York


    robert12
    Queens
    New York
Click here to join POZ Personals!
Ask POZ Pharmacist

Talk to Us
Poll
Will decriminalizing injection drug use help end the global HIV epidemic?
Yes
No

Survey
PrEP Course

more surveys
Contact Us
We welcome your comments!
[ about Smart + Strong | about POZ | POZ advisory board | partner links | advertising policy | advertise/contact us | site map]
© 2014 Smart + Strong. All Rights Reserved. Terms of use and Your privacy.
Smart + Strong® is a registered trademark of CDM Publishing, LLC.