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.
Consult IRS for portions of Social Security income that may be taxable based on current formulas. NOTE: According to the IRS Social Security benefits include monthly survivor and disability benefits. They do not include supplemental security (SSI) payments, which are not taxable.