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Disabled veterans to get recovery checks.


Veterans who receive disability compensation from the Department of Veterans Affairs will receive a $250 payment from the government's economic recovery program by June 4. In addition, veterans who are first-time homebuyers 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 2008 and January 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 and indemnity compensation or spina bifida benefits. Beneficiaries, however, must live within the United States or its territories.

Similar payments will be made to those receiving benefits from the Social Security Administration and the Railroad Retirement Board, 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

Meanwhile, as much as $8,000 in tax credit can be deducted 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 tax filing extension to Oct. 15. Veterans who are getting a large refund for 2008 may choose to file their taxes and claim the credit later, by filing an amended return. 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.

The IRS has additional information about the two recovery programs at
2009 DAV Day at the Ballpark Schedule
Major League Schedule

* 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.
COPYRIGHT 2009 Disabled American Veterans
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
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Title Annotation:checks from the Department of Veterans Affairs from the government's economic recovery program
Author:Baskerville, Anthony L.
Publication:DAV Magazine
Geographic Code:1USA
Date:May 1, 2009
Previous Article:Reaching out online.
Next Article:Feel good, get involved.

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