Video instructions and help with filling out and completing Which Form 8815 Contributions

Instructions and Help about Which Form 8815 Contributions

Under certain circumstances a person who was eligible for both military retirement faith and VA compensation may choose to waive or give up his military retirement pay or her military retirement pay and instead take VA compensation benefits now you might ask why would someone do that well the answer is actually very simple launch our retirement pay as you know is subject to taxation VA compensation on the other hand is not subject to taxation so it may be possible to get the same amount of benefits but avoid having paying taxes on them resulting in a greater amount for you to live on each one