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Military Retirement-Concurrent Receipt

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    #16
    Response requested

    My knowledge of this overall subject is only what I've read in this thread.

    Having said that, would someone mind addressing the point (shown below) from the link which JohnH provided (Post #2) to the initial inquiry by Bonnie re CRDP?

    Excerpt:

    9. Is the concurrent receipt compensation taxable?

    Answer: Based on current law regarding taxability of disability income (26 U.S.C. 104), concurrent receipt may be taxable the same as your regular retirement pay.

    Thank you.

    FE

    Comment

      #17
      It is taxable. It is included in the 1099R. The VA amount is paid separate from the retirement pay, so the VA portion is not taxable.
      Gary B., E.A.
      ____________________________________
      I make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information.

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