turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Where do i add dic payments received? I know its non taxable income .

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
JohnW15
Intuit Alumni

Where do i add dic payments received? I know its non taxable income .

If you're referring to Dependency and Indemnity Compensation, the monthly benefit paid to eligible survivors of military service members who died in the line of duty, or eligible survivors of Veterans whose death resulted from a service-related injury or disease, do not report this anywhere on your return.  Even though these payments are non-taxable, entering them anywhere on your return could affect the taxability of other income, such as Social Security.

See “Veterans' benefits” in IRS Publication 525, Taxable and Nontaxable Income

View solution in original post

1 Reply
JohnW15
Intuit Alumni

Where do i add dic payments received? I know its non taxable income .

If you're referring to Dependency and Indemnity Compensation, the monthly benefit paid to eligible survivors of military service members who died in the line of duty, or eligible survivors of Veterans whose death resulted from a service-related injury or disease, do not report this anywhere on your return.  Even though these payments are non-taxable, entering them anywhere on your return could affect the taxability of other income, such as Social Security.

See “Veterans' benefits” in IRS Publication 525, Taxable and Nontaxable Income

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies