So, if I understand this correctly I received my Service connected disability retroactive to April 02, 2020 from a determination letter dated 02/24/2021. They gave me a breakdown of the benefits amount starting May 1, 2020 at $486.69, a cola adjustment (December 1, 2020, and Retired pay adjustment of Mar 1, 2021. For tax purposes I will ignore January-Mar 2021 as they are not for my 2020 Tax Year. In TurboTax, do I take my 1099-R and subtract the benefit amount for each month in 2020 that applies and that becomes my new Taxable amount? If so, outside of my decision letter, what take forms must I submit with my 2020 Taxes?
John R
