1099 Issues

1. Is your 1099 form from SSA incorrect? According to Social Security, they are not authorized to answer any questions regarding 1099 or taxation issues.

1099 and Long Term Disability

2. Were you receiving private long term disability insurance benefits and then got approved for Social Security disability and received a retroactive Social Security check? Do you need to repay the Social Security disability check to the private LTD carrier? What do you do with the 1099?

You may not be required to pay taxes on funds that must be repaid to an LTD carrier, however, you need to consult with an accountant and if applicable, your LTD attorney to straighten out your tax requirements with the Social Security retroactive benefits and your 1099.