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Income Tax

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tanker31

Question

I know that the compensation that I receive for my service connected disability ( my monthly check ), is not taxable, but do I still show it on my Income Tax form under pensions, disabilities, annutities? I only started receiving compensation in 2005.

Thanks,

Tanker31

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Guest Dataman

VA Does not count. If you have any other income yes report it and get back what you paid in plus (Earned Income Even).

it's legal

No 1099's. I had the same wonder and even called the IRS when I started getting VA Disability. It's not like 2500 bucks a month if Big Money nowdays.

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  • HadIt.com Elder

be happy you ain't that little old man or little old lady trying to live on 582 a month SSI, 2500 sounds like a lot to them it's all in what you are used to,. most americans working don't get 2500 a month after taxes yes we earned it but life could be worse.........

100% SC P&T PTSD 100% CAD 10% Hypertension and A&A = SMC L, SSD
a disabled American veteran certified lol
"A journey of a thousand miles must begin with a single step."

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  • HadIt.com Elder

VA disability is tax exempt. VA pensions are reportable.

Of course, if you are getting a pension, it is very unlikey that you have enough income to file, anyway!

Fight the VA as if they are the enemy; for they are!

Erin go Bragh

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Guest terrysturgis

My tax preparer called and asked me for my VA disability income just to help on my house tax exemption in Michigan. I'm sure every state is probably different. Terry Sturgis

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You do not have to show anywhere on the tax form what you receive for Service Connected Compensation...

Also if you are receiving insurance disability income and you paid all of the premiums out of your own own money then you don't have to list any of that income on your tax forms.

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