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ESA taxable benefit

  • stickman1992
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13 years 6 days ago #79010 by stickman1992
ESA taxable benefit was created by stickman1992
With the switchover to ESA on the horizon i was wondering if anyone can help. If a claim was started before 1995 ( i think thats the year) you didnt have to declare the benefit as income. With esa a taxable benefit will those that have been on IB pre 1995 now have their benefit become taxable and have to be declared as income?

Stickman

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13 years 6 days ago #79014 by Gordon
Replied by Gordon on topic Re:ESA taxable benefit
stickman1992 wrote:

With the switchover to ESA on the horizon i was wondering if anyone can help. If a claim was started before 1995 ( i think thats the year) you didnt have to declare the benefit as income. With esa a taxable benefit will those that have been on IB pre 1995 now have their benefit become taxable and have to be declared as income?

Stickman

See the following FAQ

My IB was tax exempt; will it still be under ESA?

Gordon
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