Is Third Party Sick Pay Taxable?

Answer

Third party sick pay (3PSP) is a disability insurance benefit that provides employees with partial or full wage benefit payments while on long-term medical leave.. A third party that makes payments of sick pay other than as an agent of the employer is liable for federal income tax withholding. The extent to which benefits are taxable is based on the portion of the premium that is paid by the employer.
Q&A Related to "Is Third Party Sick Pay Taxable?"
1. Report the amount of sick pay each employee received from a third party on IRS Form 941. Include information about the total amount paid, the amount paid that is subject to social
http://www.ehow.com/how_7253224_report-sick-pay-in...
An insurance company or the state is paying for you the disability payment. party #1 = you. party #2 = your employer. party #3 = person paying you the disability payment. The 3rd
http://answers.yahoo.com/question/index?qid=201001...
Assuming that you are referring to a collision involving a negligent party (the "third party" and a non-negligent party, it depends upon the type of harm caused. 1. If property
http://wiki.answers.com/Q/Who_does_the_third_party...
It is extremely hard to hire for link-building services. Some firms with very good reputations turn out to be horrible to work with and produce bad work. Ideally you have an experienced
http://www.quora.com/How-can-I-evaluate-a-third-pa...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com