I am on SSD. I owe them $25k due to working while on SSD. I made more than I was supposed to. I am currently paying them back $25 a month which was an arrangement we both came up with. I no longer work. I have a lawsuit pending due to slip and fall and I will probably win a large amount of money. My question is can I cash the check and put the money away in my safe or do I have to report it?
I don't owe taxes. When I tried going back to work I made too much money so, they want back a portion of the money they paid me while I was working. SS and I worked out a deal where I would pay them back $25 a month for the rest of my life, since I don't plan on going back to work.
Last edited by loneranger101; 04-26-2012 at 04:11 PM.
I don't owe taxes. When I tried going back to work I made too much money so, they want back a portion of the money they paid me while I was working. SS and I worked out a deal where I would pay them back $25 a month for the rest of my life, since I don't plan on going back to work.
aah.. sorry for my mistake.
I can't say for sure, but I doubt you can stash the money in your safe. Both are gov programs and I believe they will do a check to see if you owe monies. You may see the WC check is reduced by what you owe -- or they/SS may stick to their agreement. Best way to know is to ask them/SSA or your WC or SSDI atty how they believe it will be handled.
