Members who received disability-claim payments from Anthem or Lincoln in 2010 will be receiving IRS W-2 forms from those insurers.
This does not mean that the benefits are taxable. It is merely a reporting requirement of the IRS.
The payments will be listed in Box 12 with a “J” and the amount received. This notifies the IRS that the disability income is non-taxable.
Related News
- Local 94 Leads by Example
- Truth and Lies about the BNSF Crew Consist Agreement
- Monopoly in the Making: Union Pacific’s Merger Ambitions Could Shake UP the Rail Industry
- Celebrating the Life and Legacy of Brother Daniel A. May
- Championing Rail and Transit Safety from Coast to Coast
- Potential NJ Transit Strike: What SMART-TD Members Need to Know
- Union Support Available for Members Affected by Maryland, Virginia, and Pennsylvania Flooding
- Local 202’s Tierney Gallegos connects union strength with public good
- Support Brother Michael Garcia After a Tragic Loss
- Alabama Port Authority learns a lesson in solidarity