ATTENTION-Important tax info for Long Term Disability recipients of Verizon |
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Incorrect W-2s for 2018 have been distributed to Long Term Disability recipients of Verizon. Long Term Disability (LTD) is when your disability extends beyond 52 weeks.
Corrected W-2s (W-2C) will be mailed to affected members along with an outreach call from Sedgewick explaining the situation.
LTD benefits were incorrectly reflected as taxable income (Sick pay is non-taxable in NJ).
When you file your taxes you will be required to submit both your W-2 and your W-2C.
In the event you have already filed your taxes, Sedgwick will reimburse the cost of filing an amended return up to $125.
Please contact Sedgewick at (800) 638-4228 for questions or to arrange reimbursement for filing amended tax returns.
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