Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 12-29-2007, 01:29 PM
TaxGuru's Avatar
Tax Guru
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,347
Blog Entries: 3
IRS rules that "Certain Payments to Disabled Veterans Ruled Tax-Free"

Veterans who received "payments under the Department of Veterans Affairs (VA) Compensated Work Therapy (CWT) program" has been determined by the IRS to be no longer taxable.

Furthermore, the Internal Revenue Service has determined that "disabled veterans who paid tax on these benefits in the past three years can now claim refunds".

Further discussion on this topic can be found by clicking the IRS link below.

Certain Payments to Disabled Veterans Ruled Tax-Free; Some May Be Due Refunds

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning