View full size image. The male reproductive system consists of two major parts: the testes, where sperm are produced, and the penis, according to Merck Manuals. The penis and urethra belong to both the urinary and reproductive systems in males.
Therefore, disability benefits received by a partner/owner are. not taxable to the partner/owner. When the business pays the entire premium for. employees, then the disability benefits are taxable to the employees. Sole Proprietors. With a sole proprietorship, the owner and business are one and the same.
If the premiums were paid by your employer and were not included in your taxable income, the disability is taxable. If you paid the premiums out of your own pocket or with payroll deductions that came out of your after-tax income, the disability is not taxable.