Frequently Asked Questions Regarding Filing Amended Returns for Disabled Veterans
I've been told that my Form 1099-R is wrong and that I should file an amended tax return to get a refund because my pension income is actually not taxable. Is that right?
Under normal circumstances, the Form 1099-R issued to the veteran by the Defense Finance and Accounting Services correctly reflects the taxable portion of compensation received.
I received an email that states I’m due a refund from IRS, because I get disability compensation from the Department of Veterans Affairs. Do I need to file an amended tax return?
The Defense Finance and Accounting Services generally would not send an email to veterans advising them to file an amended return.
The Veterans Administration just sent me a determination letter that increased my disability percentage from 30% to 50%, retroactive to 2010. What should I do?
Because the redetermination is retroactive, your previously taxable pension income can now be reduced by the adjustment. You may file amended returns, Forms 1040X, for tax years 2010 and 2011. Be sure to file the 1040X for 2010 before the three year statute of limitation expires (generally, April 15, 2013).
Veterans who have questions on filing claims for refund and filing of amended returns are encouraged to seek assistance from a competent tax professional.
