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November 3, 2019
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Tax advice

  • November 3, 2019
  • 1 reply
  • 0 views

Hello,

 

I am a disabled veteran,my only source of income is my VA disability benefits. I have been informed by the VA that it is considered nontaxable income and does not need to be reported. 

 

I do not have a business or recieve income from any other source. That being said,I have not filed taxes sense 2015. Am I at risk of legal action for not doing so? Even though I have nothing to file? and don't owe any back taxes?

    Best answer by DoninGA

    No, you are not a risk at all.  Since your VA disability benefits are not taxable income they are not reported on a tax return.  If you have no other type of income from any source then you have no need to file a tax return.

     

    1 reply

    DoninGA
    DoninGAAnswer
    November 3, 2019

    No, you are not a risk at all.  Since your VA disability benefits are not taxable income they are not reported on a tax return.  If you have no other type of income from any source then you have no need to file a tax return.

     

    Jones2Author
    November 3, 2019

    Thank you,that is a relief !