Ka Wai Ola - Office of Hawaiian Affairs, Volume 9, Number 9, 1 September 1992 — Answering Vetsʻ questions [ARTICLE]

Answering Vetsʻ questions

Q — Are VA benefits tax-exempt? A — VA benefits, including dividends and proceeds from NaUonal Service Life Insurance policies, are exempt from federal ineome tax, except that interest is taxable on dividends held as a credit or deposit. Q — Do veterans with compensable service-connected disabilities have to pay a funding fee for VA-guaran-teed home loans?

A — No. Q — What are the requirements for receiving an education advance payment eheek? A — One-half time training, agreement by the school to handle the eheek, request for the advance payment, and receipt by VA of enrollment certification at least 30 days before classes begin.