Professional Course

Social Security Disability Income: Taxation and Reporting Requirements

1 day
1 day
This provider usually responds within 48 hours 👍

Course description

Social Security Disability Income: Taxation and Reporting Requirements

Gain a better understanding of how to advise on tax planning and social security disability benefits, as well as important reporting requirements.

Professionals such as financial planners, accountants, and attorneys are asked by clients about rules and regulations in many different areas. Statistics published in 2018 from the Council for Disability Awareness states that one in four can expect to be out of work for at least a year because of a disabling condition before they reach the normal retirement age. They go on to state that about 13% of the U.S. population, about 43 million people, are classified as disabled. Odds are; that you have clients, family members, or friends asking about disability issues. This topic will give you the facts you need to know to be able to answer Social Security disability questions confidently and accurately. This material will give you the knowledge you need to expand and improve your professional advisory practice.

Do you work at this company and want to update this page?

Is there out-of-date information about your company or courses published here? Fill out this form to get in touch with us.

Who should attend?

This live webinar is designed for

  • accountants
  • CPAs
  • CFOs
  • controllers
  • accounts payable professionals
  • tax managers
  • presidents
  • vice presidents
  • business owners and managers
  • enrolled agents
  • bookkeepers and attorneys.

Training content

Who Qualifies for Disability?

  • How Long Do You Need to Work Before Being Eligible?
  • What Benefit Are You Eligible for?
  • When Do Your DBI Benefits End?

Family Benefits Available

  • Spouse
  • Children
  • Others

Children With Disabilities

  • What Benefits Are Available?
  • What Happens When Child Reaches Age 18?
  • What Benefits Are Available From the Parents?

Taxation of Disability Benefits

  • Single, Married Filing Jointly, Married Filing Separate, Head of Household
  • Collection of Multiyear Benefits in a Lump Sum
  • Exemptions

Certification / Credits

Learning Objectives

  • You will be able to explain to clients and audiences how to qualify for Social Security disability benefits and keep them.
  • You will be able to discuss the tax aspects of Social Security disability and advise on tax planning for these benefits.
  • You will be able to describe how a disabled child can collect Supplemental Security Income (SSI) and convert to Social Security disability benefits in the future.
  • You will be able to identify yourself as a Social Security benefit expert and expand your practice.

Contact this provider

Contact course provider

Before we redirect you to this supplier's website, do you mind filling out this form so that we can stay in touch? You can unsubscribe at any time.
If you want us to recommend other suitable courses, please fill out all fields below and check the box beside "Please recommend similar options"
Country *

reCAPTCHA logo This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Lorman Education Services
Lorman Education Services
2510 Alpine Road
54702 Eau Claire Wisconsin

Lorman Education Services - Live and On-Demand Courses

Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...

Read more and show all training delivered by this supplier