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daddymo77
New Member

I decided to take the military REDUX retirement in 2014. I was taxed about $9k.I am now retired and rated 100% disabled through the VA.Can I get the taxed portion back?

The REDUX is considered a “Bonus” pay and was $30k.
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I decided to take the military REDUX retirement in 2014. I was taxed about $9k.I am now retired and rated 100% disabled through the VA.Can I get the taxed portion back?

Your VA disability payments are not reported on tax return.  The retirement pay you receive along with the bonus received is taxable and reported on a tax return.  You should receive a Form 1099-R for the retirement income in January for the retirement income received in 2024.

 

To enter, edit or delete a form 1099-R -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Retirement Plans and Social Security
On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

 

Or enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R

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