Sections in this Topic. 1  Overview. 2  Consumer and Other Compliance Risks. 3  Consumer Compliance Risk-Management Program. 4  Board and Senior Management Oversight. 5  Policies, Procedures, and Limits. 6  Risk-Monitoring and Management Information Systems. 7  Internal Controls. 8  Main Page for Topic Index.
Work Insurance. Some companies offer disability insurance as a fringe benefit. If your employer paid for your disability insurance, your payments will be taxed as earned income. Since your employer paid for the policy, it's like your payments are an additional form of compensation for your work. If you paid for part of your work insurance, then part of your payments will be tax-free.
VA pensions, which are administered based on years of service, are considered taxable income. Also, be careful not to confuse VA benefits with other disability payments, such as Social Security disability benefits, which are sometimes taxable if you earn income in addition to your monthly disability benefit amount.elated Payments. In addition to your VA benefits, other types of payments made to you that relate to your disability are nontaxable as well. For example, VA benefits from a public welfare fund and workersâ compensation payments are not taxable and should not be listed on your return.