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Marital assets Military division of 50 of retired pay Does ex-spouse have to pay taxes on money received or can member pay all taxes and split retirement?
If the divorce decree states the 50/50 split and the ex spouse has submitted a dd 2293 application for former spouse payments from retired pay, and DFAS (defense finance and accounting service) has approved the split, then the ex spouse is responsible to pay income tax. If DFAS is not involved and the former member is paying the ex spouse then the former member is responsible for taxes. I believe this is the correct answer.
What else can I help you with?
What did the Roman army get in return?
The common soldier in the Roman military got several benefits, some of them are a steady employment, free medical care, a healthy body, and a nice retirement package. At retirement, depending upon the times, he either received land or a cash bonus plus his accumulated savings over his twenty years of service. The officers, or the upper class members of the military got their military experience, which in turn would help them in any civilian endeavor especially politics.
Eastman Kodak retirement fun monthly payout not revieved?
I have not received the tax forms for the end of year Kodak retirement benefits that I received for last year. Are they in the mail"
What are the ratings and certificates for Pre retirement - 1970 TV?
Pre retirement - 1970 TV is rated/received certificates of: Belgium:KT
What is the retirement money for computer engingeers?
Money received after retirement is completely dependent on the type of retirement plan the company that you retired from has. Also investments, such as IRAs, should be taken into account when calculating your monthly income after retirement.
How do you add a military award that you received to your OMPF if you are retired?
If your retirement award didn't get added to your DD214 upon retirement, you can fill out a DD-149 - just follow the simple instructions on that form. The Army (or branch of service you were in) will send you back a DD-215 when they add the award. The DD149 is pretty self explanatory.
What are the ratings and certificates for Ladies in Retirement - 1941?
Ladies in Retirement - 1941 is rated/received certificates of: Finland:K-16 Sweden:15
Is the Employees' Provident Fund pension received after retirement taxable?
No, it is not taxable
Did Eisenhower receive Army retired pay and pay as president together?
Yes, Dwight D. Eisenhower received both Army retired pay and his presidential salary concurrently. Upon his retirement from the Army in 1948, he began receiving retirement benefits. When he became president in 1953, he continued to receive his military retirement pay in addition to his presidential salary, as federal law allowed for this dual compensation.
How does a widow receive her husband's retirement that he paid in?
My deceased husband paid into GM retirement for 11 years and I need to know if I can received what he paid.
In case retirement is on the last day of the financial year and retirement benefits are received after that date then in which year these will be taxable?
The payer of the funds will issue you and also send the IRS a copy of the 1099-R with the necessary information that you will use to report the retirement benefits that you received for the year in the above question. The payer of the retirement benefits should be able to give you some information about this matter.
Can income received from a teacher retirement fund be garnished in foreclosure or bankruptcy?
Yes
Is there any tax on general provident fund received on retirement of government employee?
No
