For example, if you wish to calculate a monthly average number of hours worked and use six months of data, divide the total hours your employee works in six months and divide the result by six to determine the monthly average hours of work for the employee.
Social Security disability payments may be includable in taxable income and still not increase the tax you pay. A lump-sum retroactive payment of Social Security Disability Insurance (SSDI) may be includable in taxable income, depending on the amount and your other income and deductions.
In fact, yes â Social security disability benefits are taxable. However, most beneficiaries donât pay taxes on SSDI because they have very little (if any) additional income. Approximately one-fourth of SSDI recipients owed federal income taxes in 2015, usually because of their spouse or other household earnings.