You may or may not have to pay taxes on the benefits you collects from a disability claim. It depends on how your physician disability insurance premiums are paid. This 3-minute video explains this in more detail, and shares if your premiums are deductible.
Video: Is Your Physician Disability Insurance Benefit Taxable?
This thorough blog post from Ryan Poindexter also explains this concept, and answers why you may want to pay with pre-tax dollars.
POST: How Taxes Impact Your Physician Disability Benefit
If you have questions about this or about how it affects your unique situation, please do not hesitate to contact us.
