Want this question answered?
Your VA Disability check is NOT taxable. VA Disability is a compensation NOT earned income.
The last time base VA Disability Compensation rates were raised was in 2018.
The VA Compensation chart, works with a set of different numbers. The VA checks these numbers based on the disabilities act, and how many people are on disability. Let's them know who needs a raise, and how it all combines together.
http://www.military.com/benefits/veteran-benefits/va-compensation-tables
Yes.
No
VA disability compensation should NOT be included in the calculations as income for either spousal and child support. It is completely a separate property asset that is not divisible.
Yes.
VA compensation payments for service connected disability is NOT reported as taxable income on your income tax return.
make the request to V.A. or call 1-800-827-1000
Yes, however; there is a big exception. If you are collecting VA Disability and getting the 100% Service Connected Compensation based on "Unemployability" then the answer is no. Call your DAV rep or County VA Rep for specific details.
The typical rates for a VA home loan would vary. Depending on how much a person is asking for in a loan, the loan rates do vary. Typically, most loans are for anywhere between 2% and 5% on the loan to be paid monthly.