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.
Disability benefits may be taxable in these situations. The rules for disability benefits are the same as those of regular Social Security benefits. For single filers in the 2008 tax year, if all sources of income plus one-half of your disability money add up to more than $25,000, you will be taxed on your benefits.