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I received money from the Veterans Association in 2016, for the money owed to me from the time my father died to when i graduated highschool what does that mean for tax

 
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IsabellaG
Expert Alumni

I received money from the Veterans Association in 2016, for the money owed to me from the time my father died to when i graduated highschool what does that mean for tax

In general, Veterans' benefits paid to the veteran or family members are not taxable. See this link: http://myarmybenefits.us.army.mil/Home/Benefit_Library/Federal_Benefits_Page/Federal_Taxes_on_Vetera...

If you provide more specific information about how this money was paid to you, and where the money came from,  I could give you more information.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
IsabellaG
Expert Alumni

I received money from the Veterans Association in 2016, for the money owed to me from the time my father died to when i graduated highschool what does that mean for tax

In general, Veterans' benefits paid to the veteran or family members are not taxable. See this link: http://myarmybenefits.us.army.mil/Home/Benefit_Library/Federal_Benefits_Page/Federal_Taxes_on_Vetera...

If you provide more specific information about how this money was paid to you, and where the money came from,  I could give you more information.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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