menu
{ "item_title" : "Budget and Spending", "item_author" : [" U. S. Government Accountability Office ( "], "item_description" : "Pursuant to a congressional request, GAO examined the tax consequences to veterans of the required offset of certain types of Department of Defense separation pay and Department of Veterans Affairs disability compensation, focusing on whether veterans could: (1) reclassify separation pay as disability compensation; and (2) deduct recouped separation pay from gross income. GAO noted that according to the Internal Revenue Service, veterans may: (1) not reclassify separation pay as disability compensation; (2) not deduct recouped separation pay from gross income; and (3) retroactively exclude part of their lump-sum separation pay from gross income if they also qualify for disability compensation.", "item_img_path" : "https://covers3.booksamillion.com/covers/bam/1/28/716/647/1287166474_b.jpg", "price_data" : { "retail_price" : "14.75", "online_price" : "14.75", "our_price" : "14.75", "club_price" : "14.75", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }
Budget and Spending|U. S. Government Accountability Office (

Budget and Spending : Tax Consequences of Offsets: Nsiad-96-74r

local_shippingShip to Me
In Stock.
FREE Shipping for Club Members help

Overview

Pursuant to a congressional request, GAO examined the tax consequences to veterans of the required offset of certain types of Department of Defense separation pay and Department of Veterans Affairs disability compensation, focusing on whether veterans could: (1) reclassify separation pay as disability compensation; and (2) deduct recouped separation pay from gross income. GAO noted that according to the Internal Revenue Service, veterans may: (1) not reclassify separation pay as disability compensation; (2) not deduct recouped separation pay from gross income; and (3) retroactively exclude part of their lump-sum separation pay from gross income if they also qualify for disability compensation.

Details

  • ISBN-13: 9781287166474
  • ISBN-10: 1287166474
  • Publisher: Bibliogov
  • Publish Date: May 2013
  • Dimensions: 9.69 x 7.44 x 0.05 inches
  • Shipping Weight: 0.13 pounds
  • Page Count: 22

Related Categories

You May Also Like...

    1

BAM Customer Reviews