Thank You so much for what you do!!! My wife Cayla (Jim's oldest sister) has filed for his paperwork. Sadly their mother Rosella passed away a year ago. She would of loved the remembrance ceremony his unit had for him. Of the 6 boy's 5 served honorably in the U.S. Army.
I apologize for not replying until now, sometimes life gets in the way. I know it will take some time, but, it is a labor of love. I filled for an increase in my SC disability in 97, it took 7 years. I would of never received it without this site (can't find my long in info from back then).
I was told by the DAV my records were burnt in the fire. Someone on this site told me to go to St. Louis (right down the road) and check, needless to say, my records were their and I was finally compensate
I think I found the answer to this.
The decision officer can send individual claims directly to the rating team (If everything looks good) or all or some of these claims can go to the appeals board. It all depends on the decision officer and how they interpret the supporting data in my claims.
I wanted to sort of update this as it has been mentioned in other post about the tax implications of student loan forgiveness. The taxes that play in that forgiveness can be substantial. It will be counted as income. My loan forgiveness was 44k. Thats a pretty big chunk of taxable income. I thought I was in serious trouble with taxes. I was actually going to owe 9k to federal and 1k to state.
There is a remedy to this and it is insolvency. You can file the form yourself through a program like Turbo tax and such, usually most say Home and business Taxes. I could not find and online version or access to this process without buying the program in CD format. Form 982 and insolvency worksheets. It is a bit troublesome however, it will save you tons. In my case it did.
Basically it looks at your financial picture before the student loan pay off, and sees if you were upside down. Owe debt more than your assets combined.
It is definitely worth the investment and definitely needed information to be considered before going through the student loan forgiveness process.
I was trying to find a post on here that discussed it as well but couldn't find it offhand, however, I do recall folks talking to me and others about where to seek advice. In any case a tax attorney, an accountant, and other folks experience helped immensely.
Im not sure about other tax programs but I imagine that they would have access to the same forms, perhaps in deluxe or professional versions of their software. Also it is worth a person's while to talk to a tax attorney and/or accountant as they are the experts in these types of situations.
Hope that this is of some help to folks on here.
Good Morning all you VETs
Who or what updates my status in EBenefits. I filed a claim in Dec 2016. on April 6 it changed from GOE to complete, Decision letter sent. Have not received a letter and claim is now under Historical claims. Peggy says someone found a duplicate claim, from where I will never know. They closed the claim and opened another claim with a file number. I cannot see or track a claim in Work in Progress. So who or what updates Claim status in Ebennies?