Disabled veterans to get recovery checks.
Veterans who receive disability compensation from the Department of Veterans Affairs Veterans Affairs is a term of the business that deals with the relation between a government and its veteran communities, usually administered by the designated government agency. will receive a $250 payment from the government's economic recovery program by June June: see month. 4. In addition, veterans who are first-time homebuyers First-Time Homebuyer
An IRA owner who is exempt from the early-distribution penalty (which applies to IRA distributions that occur before the IRA owner reaches age 59.5) for distributing funds from his or her IRA to buy, build, or rebuild a home when having had no interest in a can get an income tax credit of as much as $8,000 for homes purchased in this year.
To be eligible for the $250 payments, veterans must have been receiving disability compensation between November November: see month. 2008 and January January: see month. 2009. The VA will use its existing payment records to determine eligibility and no application is necessary. Veterans will receive their payments the same way they receive their monthly VA benefits--direct deposit or mail.
The VA plans to inform beneficiaries when it releases the payments, which are exempt from eligibility determination for any federal program. Those eligible must have received disability compensation, pension, dependency dependency
In international relations, a weak state dominated by or under the jurisdiction of a more powerful state but not formally annexed by it. Examples include American Samoa (U.S.) and Greenland (Denmark). and indemnity Recompense for loss, damage, or injuries; restitution or reimbursement.
An indemnity contract arises when one individual takes on the obligation to pay for any loss or damage that has been or might be incurred by another individual. compensation or spina spina /spi·na/ (spi´nah) pl. spi´nae [L.] spine.
spina bi´fida a developmental anomaly marked by defective closure of the vertebral arch, through which the meninges may (s. bifida benefits. Beneficiaries, however, must live within the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. or its territories.
Similar payments will be made to those receiving benefits from the Social Security Administration and the Railroad Retirement Board The Railroad Retirement Board (or RRB) is an agency of the United States government created in the 1930s which established a retirement benefit program for the country's railroad workers.
The RRB serves U.S. , but will receive only one benefit payment. If VA beneficiaries are also eligible for those benefits, they will be paid through those agencies and not receive payment from the VA. The VA has additional information at www.va.gov.
Meanwhile, as much as $8,000 in tax credit can be deducted de·duct
v. de·duct·ed, de·duct·ing, de·ducts
1. To take away (a quantity) from another; subtract.
2. To derive by deduction; deduce.
v.intr. for a 2009 first-home purchase for veterans. Veterans can take the credit off their 2008 or 2009 taxes depending on when the home is purchased.
Veterans who still have to file their 2008 returns and are buying a home soon, can request a six-month IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. tax filing extension to Oct. 15. Veterans who are getting a large refund TO REFUND. To pay back by the party who has received it, to the party who has paid it, money which ought not to have been paid.
2. On a deficiency of assets, executors and administrators cum testamento annexo, are entitled to have refunded to them legacies for 2008 may choose to file their taxes and claim the credit later, by filing an amended return Amended Return
A return filed in order to make corrections to a tax return from a previous year. It can be used to correct errors and claim a more advantageous filing.
An amended return is filed using Form 1040X. . Or veterans can claim the tax credit next year when they file their 2009 tax returns.
In effect, the new law allows veterans a tax credit of 10 percent of the purchase price of a first home up to $8,000. The tax credit level is reduced if adjusted gross income exceeds $75,000, or $150,000 if filing joint returns with a spouse spouse A legal marriage partner as defined by state law .
The IRS has additional information about the two recovery programs at www.Recovery.gov.
2009 DAV Day at the Ballpark Schedule Major League Schedule HOME TEAM GAME DATE OPPONENT * Seattle Mariners Saturday, April 18 Tigers * Houston Astros Saturday, May 4 Padres Kansas City Royals Saturday, May 16 Orioles St. Louis Cardinals Saturday, May 23 Royals * Colorado Rockies Monday, May 25 Dodgers * San Francisco Giants Monday, May 25 Braves Minnesota Twins Friday, July 3 Tigers Florida Marlins Saturday, July 4 Pirates * Philadelphia Phillies Saturday, July 4 Mets Baltimore Orioles Saturday, July 11 Blue Jays Seattle Mariners Saturday, July 11 Rangers Milwaukee Brewers Sunday, July 12 Dodgers San Diego Padres Monday, July 20 Marlins * Detroit Tigers Tuesday, July 21 Mariners Pittsburgh Pirates Sunday, Aug. 2 Nationals Washington Nationals Sunday, Aug. 9 D-Backs * San Diego Padres Sunday, Sept. 13 Rockies Texas Rangers Sunday, Sept 20 Angels Minor League Schedule Oklahoma City RedHawks Saturday, April 18 Memphis Iowa Cubs Saturday, May 9 Memphis * Syracuse Chiefs Saturday, May 9 Indianapolis Peoria Chiefs Wednesday, May 13 Quad Cities * Hickory Crawdads Friday, May 15 Lake County Kinston Indians Friday, May 15 Frederick Bowie Baysox Saturday, May 16 Erie * Potomac Nationals Friday, May 22 Lynchburg Gwinnett Braves Sunday, May 23 Toledo * Huntsville Stars Saturday, May 23 West Tennessee * Louisville Bats Monday, May 25 Pawtucket Wilmington Blue Rocks Thursday, May 28 Frederick Las Vegas 51s Saturday, June 6 Tacoma * Arkansas Travelers Sunday, June 7 San Antonio Wisconsin Timber Rattlers Thursday, June 11 Kane County Cedar Rapids Kernels Sunday, June 14 Kane County * Pawtucket Red Sox Tuesday, June 16 Charlotte Aberdeen Ironbirds Tuesday, tune 23 Staten Island Salt Lake Bees Thursday, June 25 Fresno Portland Beavers Friday, June 26 Reno New Britain Rock Cats Monday, June 29 Connecticut Lakewood Blueclaws Tuesday, June 30 Greensboro Rochester Red Wings Sunday, July 5 Buffalo Frederick Keys Monday, July 13 Kinston Lake Elsinore Storm Thursday, July 16 Stockton Grand Prairie AirHogs Friday, July 17 Shreveport * Sioux Falls Canaries Friday, July 17 Sioux City Buffalo Bisons Sunday, July 19 Toledo Albuquerque Isotopes Friday, July 24 Iowa Scranton/WB Yankees Sunday, Aug. 2 Pawtucket New Hampshire Fisher Cats Friday, Aug. 7 Altoona Fort Myers Miracle Tuesday, Aug. 11 Palm Beach * Lake Elsinore Storm Saturday, Aug. 22 Rancho Cucamonga * Tulsa Drifters Friday, Aug. 14 Frisco * Lake Elsinore Storm Thursday, Aug. 20 Lancaster * Omaha Royals Saturday, Aug. 29 New Orleans * Veterans Appreciation Games--For tickets, please call the team's ticket office and say you are a DAV member.
|Printer friendly Cite/link Email Feedback|
|Title Annotation:||checks from the Department of Veterans Affairs from the government's economic recovery program|
|Author:||Baskerville, Anthony L.|
|Date:||May 1, 2009|
|Previous Article:||Reaching out online.|
|Next Article:||Feel good, get involved.|