Announcement

Collapse
No announcement yet.

VA Disability Pension for Stimulus Payment

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
    #1

    VA Disability Pension for Stimulus Payment

    A client who received the above stated he has not filed in years.
    If I now fill out a l040 for him..showing his VA Disab. Pension amt, where would I place the information? What line?
    IRS Forms are for taxable incomes and . . .
    Or do I actually believe the IRS and hope they are working CLOSELY with the VA, and not file for him at all?
    Thank you again.
    Sherill
    Tags: None
    #2
    VA Benefits

    The IRS has advised us to report such benefits on line 14a of Form 1040A.

    He won't get the stimulus payment unless he files a tax return.
    Burton M. Koss
    koss@usakoss.net

    ____________________________________
    The map is not the territory...
    and the instruction book is not the process.

    Comment

      #3
      Use this example provided by IRS to fill out 1040A to report VA benefits. Only fill in lines that are not in the shaded areas.

      TTB - Free Services
      http://www.thetaxbook.com/updates/2007/2-23-2008_Update/1040a-stimulus.pdf
      TheTaxBook is the #1 fast-answer tax publication in America. Our publications provide fast answers to tax questions for tax practitioners!

      Comment

      Previous template Next

      Disclaimer

      Collapse

      This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

      Working...
      X