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 insurance payments: If you receive benefits from a disability insurance policy, your tax liability depends on who paid the premiums for the policy. If your employer paid the premiums, then the benefits are taxable. If you paid the premiums using after-tax money, your benefits are not taxable.