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State Disability Which Withholding In Suffolk
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State:
Multi-State
County:
Suffolk
Control #:
US-000264
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FAQ
The year-end DISABILITY INCOME REPORT (DIR) provides a summary of all benefit payments, FICA taxes withheld and any other deductions withheld during the previous calendar year. It is also your official notification of whether or not The Standard has prepared a W-2 tax statement.
Your DI benefits are not reportable for tax purposes with one exception. If you are receiving Unemployment Insurance (UI) benefits, become unable to work due to a disability, and begin receiving DI benefits, your DI benefits are substituted for your UI benefits and will be reportable for tax purposes.
Your benefits may be taxable if the total of (1) one-half of your benefits, plus (2) all of your other income, including tax-exempt interest, is greater than the base amount for your filing status.
New York State payroll taxes Calculating taxes in New York is a little trickier than in other states. The state as a whole has a progressive income tax that ranges from 4. % to 10.9%, depending on an employee's income level. There is also a supplemental withholding rate of 11.70% for bonuses and commissions.
No, your Disability Insurance (DI) benefits are not reportable for tax purposes.
No, your Disability Insurance (DI) benefits are not reportable for tax purposes.
Disability payments from any source, other than State Disability Insurance Benefits (SDI/DIB) are to be considered unearned income. This includes private disability plans, Social Security benefits, etc.
Employers must withhold 1.1% of their employees' gross wages for CASDI tax. The wage base limit is $145,600 per employee, per calendar year, and the maximum amount that can be withheld for each employee is $1,601.60.
While you may owe federal taxes on some benefits, New York State does not tax SSD income. If you have questions about your specific situation, consult a tax professional or disability attorney who can provide personalized guidance.