Ask Experts Questions for FREE Help !
Ask
    kmh93's Avatar
    kmh93 Posts: 3, Reputation: 1
    New Member
     
    #1

    Feb 3, 2011, 05:29 PM
    Va aid and attendance 1099 form?
    My father receives monthly aid and attendance benefit from the VA. Is this reportable for tax purposes and if so how is the form retreived?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Feb 4, 2011, 10:09 PM

    Did your father receive W-2 or any 1099?
    kmh93's Avatar
    kmh93 Posts: 3, Reputation: 1
    New Member
     
    #3

    Feb 5, 2011, 05:06 AM
    Yes he received one from Social Security and one from his pension but did not receive one from the VA.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #4

    Feb 5, 2011, 06:27 AM

    Which forms did he receive? In which box the income is reported. Normally pension is taxable income.
    Part of SS benefits may be taxable if he has other income.
    kmh93's Avatar
    kmh93 Posts: 3, Reputation: 1
    New Member
     
    #5

    Feb 5, 2011, 07:20 AM
    Both are 1099 forms. The SS form has a $$ amount in box # 3 and 5. The pension form has an amount in boxes 1,2a and 12a.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #6

    Feb 17, 2011, 04:21 PM
    Almost without exception, a pension from the VA is tax-exempt.

    The Social Security benefits CAN be taxable if your total income (NOT counting the VA benefits) exceeds a set level, usually about $28K.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Can 1099-A be used on Form 982 or MUST it be 1099-C [ 1 Answers ]

Please help! There are conflicting answers even within this forum. I have received a 1099-A for a home I foreclosed on in 2008. On my 1099-A Box 2: Principle Outstanding balance is less that Box 4: FMV. Here is what I would like clarity on please: 1. How do I handle or What form do I use...

1099 income with no 1099 form [ 1 Answers ]

How do I file my taxes with out a 1099 form? How can I get one? Thank you

Form 1099-a [ 1 Answers ]

Does anyone know of any tax programs that can handle a form 1099-a?

Form 1099 received, but do I report on Form 1040 or just Form 2106? [ 1 Answers ]

Greetings. I'm hoping I can get some help on what to do with a 1099-MISC form I received from my employer that were for business expense reimbursements. I have read through some questions and answers already and based on them I'm going to file this as a Form 2106. The question is should I...


View more questions Search