@acashaw wrote:
retirement depends on disability while serving.
how do I claim exemption on 1099r income?
This issue has been discussed extensively on this thread. What exclusion are you referring to in regards to your pension payments?
As already been posted -
Under normal circumstances, the Form 1099-R issued to the veteran by Defense Finance and Accounting Services correctly reflects the taxable portion of compensation received. No amended returns would be required, since it has already been adjusted for any non-taxable awards.
If needed, veterans should seek assistance from a competent tax professional before filing amended returns based on a disability determination. Refund claims based on an incorrect interpretation of the tax law could subject the veteran to interest and/or penalty charges.
