NY no fault wage loss income and SocSec Disability



If you receive loss of wages benefit under your NY no fault auto insurance,
the insurance carrier pays for the taxes and the benefit you receive is
after taxes money.

When you start getting Social Securty disability benefits, you have to pay
the insurer back for any overlap of benefits.

The entire amount of the social security is reported on your SS1099.

If you have to pay the insurer back for the overlap, can't you deduct from
your gross income, the amount you have to pay back to the no fault auto
insurance carrier?

thanks


.



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