I'm 67 and a 100% disabled veteran who has a renthouse. I know my government benefits are not taxable. My question is, is there a limit to the additional income I can make before I have to pay tax?
Also, what is the amount of income that income tax is not to be collected on my earnings?
Thank You Very Much!
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If you are a 100% permanently and totally disabled Veteran, as rated by the VA, you pay no state sales taxes in Oklahoma.
If you are a 100% permanently and totally disabled Veteran, as rated by the VA, you pay no state sales taxes in Oklahoma.
Thank you.
May I ask you another question?
When we file a joint return do I have to report my income and does that amount affect my wife's return amount?
If you file a joint return all taxable income for both parties are reported on the one tax return. If you have a rental it must be reported but the non taxable VA benefits are not reported since they are not taxable.
Thank You for your HELP!!!
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