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Recent Disability Compensation questions

Are VA benefits taxable either by federal or state gov. i.e.

Are VA benefits taxable either by federal or state gov. i.e. drugs, monthly checks, medical check-ups?

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Robin D.

Vocational, Technical or Trade School

20,916 satisfied customers
I am 100% Disabled Veteran, do I need to file tax return?

Hi pearl I am 100% Disabled Veteran, do I need to file tax return? JA: The Accountant will know how to help. Please tell me more, so we can help you best. Customer: My only income is my disability compensation. JA: Is there anything else the Accountant should be aware of? Customer: I am curently on chemo therapy treatment for Myeloma Multiplex C90.0 JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Accountant about your situation and then connect you two.

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Robin D.

Vocational, Technical or Trade School

20,916 satisfied customers
I'm a 100% disabled veteran. Disability paid by the va for

I'm a 100% disabled veteran. Disability paid by the va for service connected problems. I just received a notice from the irs indicating I owe them back taxes bi have no other income and no bank account etc. can the irs levy my disability payments? I'm on the longest hold in history, I swear, to sort this out

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ShawnA

CEO

Bachelor's Degree

4,726 satisfied customers
I AM 66 YEARS OLD AND WAITED UNTIL I WAS 66 YEARS OLD TO APPLY

I AM 66 YEARS OLD AND WAITED UNTIL I WAS 66 YEARS OLD TO APPLY FOR SOCIAL SECURITY. I RECEIVE ONE HALF OF MY EX-HUSBAND'S S.S.D.I. $1,178 PER MONTH, $14,136 PER YEAR. I ALSO WORK 30 HOURS A WEEK AND WILL MAKE APPROXIMATELY $26, 000 THIS YEAR; A TOTAL OF APPROXIMATELY $40,136 FOR THE YEAR 2015.HOW MUCH STATE TAX IF ANY SHOULD I BE PAYING THIS YEAR? I KNOW THE S.S.D.I. SHOULD NOT HAVE STATE TAX (I LIVE IN MASSACHUSETTS) BUT WHAT ABOUT MY WORK INCOME OF ABOUT $26,000?

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Lev

Retired

Bachelor's Degree Equivalent

24,192 satisfied customers
I've applied service related disability from the Sheriffs

I've applied for a service related disability from the Sheriffs Dept. I was told my retirement pay would be approx. $7000.00 per month of which 50% would be tax free and I would pay taxes on the other 35%. How does that work? I was thinking 50% of $7000.00 but that doesn't make sense to only pay another 35% in taxes...why does it not equal 100%? I am lost and need to figure out what this all means.

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Lev

Retired

Bachelor's Degree Equivalent

24,192 satisfied customers
My mother receives military SBP and DIC. VA made the determination that she was eligible

My mother receives military SBP and DIC. VA made the determination that she was eligible and VA started paying her DIC in Jul 2014 with an effective date of May 1 2013. How can I correct the Form 1099 since the SBP (taxable income) should have been reduced due to the offset of DIC (no taxable income) to June 2014? DFAS says they do not correct 1099. It would appear that since her effective date (which would offset her SBP) was May 1, 2013 that I could get the taxable amount changed purposes.

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Lev

Retired

Bachelor's Degree Equivalent

24,192 satisfied customers
Hi, I received disability compensation from the state for

Hi,I received disability compensation from the state for approximately one year (a few months in 2012 and most of 2013). When I first received the disability I was employed but was terminated because I was unable to return work. I continued to receive the disability benefits through the state until they were exhausted at the beginning of October of 2013. I cannot figure out if my benefits are taxable after I was terminated because I was already receiving disability benefits from the state and was therefore unable to apply for unemployment. Are my benefits taxable?Thank you.

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Robin D.

Vocational, Technical or Trade School

20,916 satisfied customers
Hi...I have a question regarding taxes and being a disabled

Hi...I have a question regarding taxes and being a disabled veteran. I live in MN. On the renters refund tax form, there is a line requesting you to enter all "non taxable" income. However, how can my disability compensation payments count as "additional income" when it's non taxable income in the first place? Something about it doesn't seem to make sense. I believe it's line 5 on form M1PR. Thank You, Jon:)

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

17,180 satisfied customers
State of California -- regarding SSI and SSDI. Because of

State of California -- regarding SSI and SSDI. Because of a tramatic event that left three children PTSD and alone, elderly grandparents took them in. One grandparent is disabled and receives SSDI; the other receives social security also. All three children received SSI benefits. In order for the grandparents to care for the children they had to apply for HUD housing,n as they were living on their SS in a one bedroom retirement home. They did not declare the children's SSI benefits as income because they understood that SSI benefits were not taxable and parents did not need to declare those benefits as income. HUD housing says that the grandparents should have declared the children's SSI benefits ; that it was illegal not to, and they want to be reimbursed for the months the family has lived in the HUD home. It is also my understanding that SSI benefits are not taxable and don't have to be declared as income? I would like to know if this is the case.

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Robin D.

Vocational, Technical or Trade School

20,916 satisfied customers
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