Veterans benefits

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  • TAX
    Senior Member
    • Dec 2005
    • 330
    #1

    Veterans benefits

    Client got service connected disability compensation of $33,876 in 2009 from dept of Veterans Affairs.

    Is it taxable?

    Thanks!
    Tags: None
    • ChEAr$
      Senior Member
      • Dec 2005
      • 3872
      #2
      Originally posted by TAX
      Client got service connected disability compensation of $33,876 in 2009 from dept of Veterans Affairs.

      Is it taxable?

      Thanks!
      Nope. VA benefits are never taxable.
      ChEAr$,
      Harlan Lunsford, EA n LA

        Comment

        • TAX
          Senior Member
          • Dec 2005
          • 330
          #3
          Originally posted by ChEAr$
          Nope. VA benefits are never taxable.
          Thank you!

            Comment

            • Burke
              Senior Member
              • Jan 2008
              • 7068
              #4
              Check for $250 payback on MWP credit if he also had wages.

                Comment

                • TAX
                  Senior Member
                  • Dec 2005
                  • 330
                  #5
                  Pension Income

                  Originally posted by Burke
                  Check for $250 payback on MWP credit if he also had wages.
                  No wages but pension 1099R. Client THINKS he received $250! So I included.


                  Thanks!

                    Comment

                    • ChEAr$
                      Senior Member
                      • Dec 2005
                      • 3872
                      #6
                      Originally posted by TAX
                      No wages but pension 1099R. Client THINKS he received $250! So I included.


                      Thanks!
                      Please let us know when the return is rejected. (grin
                      ChEAr$,
                      Harlan Lunsford, EA n LA

                        Comment

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