0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Are VA Disability benefits taxable?
Your VA Disability check is NOT taxable. VA Disability is a compensation NOT earned income.
Where on your tax do you list medicaid?
Medicaid is not taxable nor deductible on a personal tax return unless you are a provider of care and receive payment for such services.
Are va disability payments taxable?
Maybe. Disability payments can considered tobe partially or fully taxable income.
Do you have to put va disability benefits on taxes forms?
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.
Can you receive medicaid if you receive 100 percent disibility?
VA disability does not automatically make one eligible for Medicaid; you will have to submit your medical records to Medicaid. However, it seems likely to me that you would qualify.
Are medicare and medicaid benefits the same in mo as in va?
Medicare is a Federal program which is the same nationwide. Re: Medicaid, there are significant variations among the States.
Do you have to show va payment on tax forms?
VA compensation payments for service connected disability is NOT reported as taxable income on your income tax return.
Is VA disability income reported on a 1099 each year?
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.
Has taxable income of 10000 in 2016 but no health insurance She will have to pay a tax penalty of?
No penalty, as $10,000 is below the Federal Poverty Level for 1 individual, and thus, the person automatically qualifies for Medicaid from their state, and thus, has coverage. The Federal Poverty Level in 2016 will be about $13k for 1 person. In the states with expanded Medicaid coverage (138% of FPL), the person would qualify for Medicaid up to about $17k. Also, note the qualification standard is based on Adjusted Gross Income, NOT Taxable income, which are different. Taxable Income is AGI minus all deductions. So, pedantically, a $10k Taxable Income likely has a higher Adjusted Gross income just enough bigger to go over the $13k limit, so they'd have to pay the $695 penalty for no healthcare coverage in 2016.
Is disabled veteran's pay countable?
I think what you are asking is "is a disabled vet's pay taxable" this depends on the type of disabilty pay the VA is providing.
Do you need to file taxes if none of your income was taxable like lets VA disability?
In that case NO you would not be required to file a tax return.
Do i as a disabled veteran pay income tax on the disability payments?
If your disability payments are through the VA then they are tax free and are not considered taxable income.
