Entering SSDI Disability payments

Submitted by W0J1E201 on Sun, 03/19/2017 - 09:47

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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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W0J1E201

Sun, 03/19/2017 - 09:57

How should I enter disability

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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dan royer's picture

dan royer

Sun, 03/19/2017 - 10:23

Adding disability benefits to

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.

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W0J1E201

Sat, 04/01/2017 - 17:06

Dan thanks. Entering them on

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.

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