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Veteran Services: Finance Questions

Finances

You're working, and you've got a family that depends on you - both now and down the road. Where do you invest your money? Do you borrow against the equity in your house? Through a preferred provider relationship with USAA, The American Legion can provide expert financial advice to just about any question.

Questions & Answers

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Financial Questions & Answers

Question:

I received almost $30,000 in back pay for combat-related disability from VA last year. Do I need to report this when I file taxes?

Answer:

No, VA disability is not included as income for purposes of income taxes.