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Hello , I would like to know do you fill out a Tax form at

the end of the year...
Hello , I would like to know do you fill out a Tax form at the end of the year for Social Security and for Military compersation disability ?
Yes I'm a 100% disable veteran and i receive compersation once a month and i receive my social security So is there such a form to file at the end of the year ?
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Answered in 4 minutes by:
6/5/2013
Anne
Anne, Master Tax Preparer
Category: Tax
Satisfied Customers: 2,439
Experience: Enrolled Agent with 25 Years Experience specializing Individual and Small Businesses
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Anne :

Hi

Anne :

First, let me thank you very much for your service, and sacrifice for our country.

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Customer reply replied 4 years ago


Ms Anne i don't see the first answer from you, All i'm asking do i suppose to file and resport at the end of the year, yes are no ? You haven't answer me ,I don't don't think you have

No, you're VA disability and your Social Security is not taxable income to you.

However, IF you were applying for a state tax credit (I'm in MI, and we have rent/property tax credit, home heating credit, etc, but I'm not familiar with TX credits) as I started to say, IF you were applying for a State (TX) credit, then you may be asked for "household income"

Please note, applying for a TX credit, and disclosing your household income for purposes to see if you qualify for a credit is NOT the same as filing a Federal tax return.

Your VA disability and your Social Security benefits are NOT taxable, however, they are household income when it comes to state credits.

I truly hope this information is helpful but please do not rate until you are satisfied. If you want to click on 1 or 2 just click on the continue to work with me button instead. You will then be able to add any other info or respond to what I have posted so far. Rating 3-5 gives me credit and a good rating but you can still converse with me.

Anne
Anne, Master Tax Preparer
Category: Tax
Satisfied Customers: 2,439
Experience: Enrolled Agent with 25 Years Experience specializing Individual and Small Businesses
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Thank you very much for the accept, and the excellent service rating!

Please feel free to ask for me by name if I can help you in the future.
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Anne
Anne
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Category: Tax
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