How Do You Claim Veterans Disability Benefits For Taxes?
If you’re a veteran who receives disability benefits, you may be confused about filing federal income taxes. What to claim, where to claim it, and whether it’s necessary to file tax forms are common questions. Although relatively simple, the answers depend on your personal circumstances. Realize that veterans disability benefits are considered non-taxable income. If this is your only means of support, you do not have to file an income tax return. If you are married and your spouse is employed, you file a joint form, but do not add your disability income to your gross income. Research any federal tax changes for the past year to see if you are eligible for a refund. For example, the 2008 Stimulus Plan allowed veterans to receive a special refund of $300 per qualifying family member. The qualifying veteran had to fill out an income tax return to receive the stimulus payment, even if she didn’t have to file because of her disabled veteran status. Check your state and city income tax laws.
