Musicians are better at processing sensory information and at integrating multisensory information in detection and discrimination tasks, but whether these enhanced abilities extend to more complex processes is still unknown. Emotional appeal is a crucial part of musical experience, but whether musicians can better identify emotions in music throughout different sensory modalities has yet to be determined. The goal of the present study was to investigate the auditory, tactile and audiotactile identification of emotions in musicians. Melodies expressing happiness, sadness, fear/threat, and peacefulness were played and participants had to rate each excerpt on a 10-point scale for each of the four emotions. Stimuli were presented through headphones and/or a glove with haptic audio exciters. The data suggest that musicians and control are comparable in the identification of the most basic (happiness and sadness) emotions. However, in the most difficult unisensory identification conditions (fear/threat and peacefulness), significant differences emerge between groups, suggesting that musical training enhances the identification of emotions, in both the auditory and tactile domains. These results support the hypothesis that musical training has an impact at all hierarchical levels of sensory and cognitive processing.