Entering SSDI Disability payments

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How should I enter disability payments in ESPlanner. Just treat it as ordinary income? I believe the IRS taxes it to 85% of its value depending on other income sources.

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How should I enter disability payments in ESPlanner. Just treat it as ordinary income? I believe the IRS taxes it to 85% of its value depending on other income sources.

Dan Royer's picture

Adding disability benefits to ESPlanner is on our to-do list.
You can use special receipts to model SSDI prior to FRA. Since disability benefits convert to a regular retirement benefit at FRA you can input them as on the Social Security tab.

Dan thanks. Entering them on the SSA tab worked out better than special receipts as I was able to then use that for spousal benefits. I just entered the amount my wife gets now and put a start date as of today.