Generally speaking, VA disability benefits are not taxable at the federal level. These benefits are not considered as income for tax purposes by the Internal Revenue Service (IRS). However, it is important to note that some states may have different regulations regarding the taxation of VA disability benefits, so it is advisable to consult with a tax professional or the state's tax department for specific information.
What percentage of VA Disability is Garnishable
Is VA Disability income exempt from bankruptcy income claim?
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No Veterans service connected disability pay is not reported on your income tax return. You do receive a 1099 information form from the VA for the amount of your disability pay that youu receive during the year.
It is possible to file bankruptcy when receiving VA disability.
I do not think so, VA disability is not taxable. I get a 1099-R each year showing my military retirement income but nothing to show my VA disability.
I am disable and collect ssi and va disability. I was also receiving 3rd party disability from Aetna through my company. they quit paying me a year ago and claim I owe them 54,000.00 because I was getting ssi for my daughter.I need an attorney that can help me. My home phone 303-427-4319 please call
Yes you can collect Federal Disability Civil service and Va disability payment together, but the checks are separate.
Your VA disability to my knowledge is untouchable to all creditors, to include child support, and student loans. Your student loans will affect your credit report negatively until it is in good standing. It will never go away or default. You can not claim it on a bankruptcy either.
No. VA disability isn't taxable and you won't get a 1099 for this income. If you are also receiving regular military pension, your 1099-R will only include the taxable portion and will not include your VA disability portion.
No