Disability Income

This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.

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nelsona
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Post by nelsona »

Insurance payments are not usually taxable in either Canada or US.
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Mark T Serbinski CA CPA
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Post by Mark T Serbinski CA CPA »

... and if the checks qualify as "pensions or annuities" then they will be taxed in Canada using the same exemption rules as would apply in the U.S. (according to the Treaty).
Mark
nelsona
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Post by nelsona »

If they are taxable to you in US, then they are very likely taxable in Canada as well. They are not 'integrated' with Soc Security, they probably are calculated based on what SS you receive, which is a different thing.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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