Disability Benefits for the Self-Employed

Disability Benefits for the Self-Employed

If you are a self-employed business owner that pays self-employment taxes, you are eligible for SSDI just as if you worked for an employer who pays FICA taxes for you. If you are able to earn enough money with your business that the SSA considers you to be doing substantial gainful activity, then you will not qualify. Social Security uses an earnings cut-off amount to determine whether or not you are receiving too much money to be considered for SSDI.

If you are a business owner, the SSA will look at our eligibility for SSDI by using the Countable Income Test or the Three Tests. The Three Tests are used when an applicant has been on SSDI for less than 24 months or is applying for the first time. The SSA will look at whether or not you provide significant services and if those services render a substantial income. The SSA will also use a comparability test to determine if you offer the same work as a person who is not disabled and will then look at the value of what you do for your business.

If you start a business within 24 months after you are receiving SSDI, then the SSA will use the Countability Income Test to determine if you are still eligible. The SSA will determine your countable income, and if your income is more than $1,070 per month your benefits will cease. To counter this action, you must prove that you didn't provide significant services to your business during the month.

If you want more information about disability benefits, or if you are confused as to how to handle disability benefits issues, then don't hesitate to seek assistance from a trusted attorney right away. With the right lawyer on your side, you will be able to argue for your SSDI and straighten out any wrinkles in the process. Call today!