Will I Pay Taxes on My Social Security Disability Insurance Benefits?

Will I Pay Taxes on My Social Security Disability Insurance Benefits?

Nearly one month into the nation’s tax season and Social Security Disability Insurance benefit, otherwise known as “SSDI” benefit, recipients may be wondering, “Will I pay taxes on my benefits?” The short answer is – Maybe. It depends. SSDI benefits may be taxed by the federal government if a recipient has other substantial income in