Browse health, insurance and disability deduction codes.
LTX may identify a taxable premium value associated with LTD. It is not necessarily a disability benefit payment or a cash premium deducted from the employee.
Employer-specific label: this is a possible interpretation. Confirm the full meaning in the codebook for the employer that issued your statement.
How to read this entry
Use the possible interpretation Taxable long-term disability premium or value alongside the column heading. An earnings amount, an employee deduction and an employer-cost memo can have different effects even when their labels look similar.
Example on a pay statement
A $12 value added to taxable wages may be a noncash reporting entry. It should not automatically be subtracted as a $12 employee premium.
Examples illustrate the checking method. They are not a personal tax calculation or a promise of a particular benefit.
What to check with payroll
Ask whether the entry is taxable wages, an employee deduction or an employer-paid amount, and how premium funding affects later benefits.
Compare related entries
Read the health, insurance and disability deduction codes guide to compare the entries in this part of your statement. Use the full pay stub code directory when a second abbreviation is unfamiliar.
Reference and scope
Official guidance on health, insurance and disability deduction codes provides background on the underlying rules. It does not validate an individual employer’s internal abbreviation.