What DISABILITY PENSION means: A disablity pension is a taxable pension from an employer-funded disability plan received by a taxpayer who retired on disability and has not reached normal retirement age. Disability pensions generally are treated as wages until the taxpayer reaches normal retirement age.
- Definition Dependent Exemption:
- Dictionary An exemption for an individual who qualifies as the taxpayer's dependent. See our Exemption Allowance rate table for the current amount disability pension definition.
- Definition Dependent Care Credit:
- Dictionary See "Child and Dependent Care Credit." disability pension explain.
- Definition Deduction:
- Dictionary An amount that may be subtracted from income that is otherwise taxable disability pension what is.
- Definition Deferred Compensation:
- Dictionary will be taxed when received or upon the removal of certain restrictions on receipt and not when earned. For example, contributions by an employer to a qualified pension or profit-sharing plan on disability pension meaning.
How works Disability Pension meaning in Tax definitions D .