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Megan C
Megan C, Certified Public Accountant (CPA)
Category: Finance
Satisfied Customers: 16538
Experience:  Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level
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I am a 100% disabled veteran and also receive social security

Resolved Question:

I am a 100% disabled veteran and also receive social security benefits..Do I still have to income taxes..
Submitted: 4 years ago.
Category: Finance
Expert:  Megan C replied 4 years ago.
Thank you for your question, and your service to our country.

Your VA benefits are excluded from income tax. For your social security disability benefits, it depends on how much income you have. If 1/2 your social security benefits plus all of your VA benefits are greater than $25,000 if you are single or $32,000 if you are married filing jointly, then part of your social security disability may be taxable.

You can take your information to a VITA (Volunteer Income Tax Assistance) workshop during tax season. They will help you fill your tax forms out for free. It should be very, very simple if all you have is your social security and VA benefit

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Megan C, Certified Public Accountant (CPA)
Category: Finance
Satisfied Customers: 16538
Experience: Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level
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