Wikiposts
Search
Military Aviation A forum for the professionals who fly military hardware. Also for the backroom boys and girls who support the flying and maintain the equipment, and without whom nothing would ever leave the ground. All armies, navies and air forces of the world equally welcome here.

Medals

Thread Tools
 
Search this Thread
 
Old 29th Oct 2005, 03:03
  #1 (permalink)  

I'matightbastard
Thread Starter
 
Join Date: Jul 2001
Location: Texas
Posts: 1,747
Likes: 0
Received 0 Likes on 0 Posts
Medals

Do some medals come with extra bonuses?

I though I had read that if you got a certain medal you never paid taxes again or something.

just wondering.
Onan the Clumsy is offline  
Old 29th Oct 2005, 03:12
  #2 (permalink)  
 
Join Date: Dec 2003
Location: wherever
Posts: 47
Likes: 0
Received 0 Likes on 0 Posts
Yup, if you're awarded a posthumous medal, that is indeed the case
Fg Off Kite is offline  
Old 29th Oct 2005, 05:19
  #3 (permalink)  
Red On, Green On
 
Join Date: May 2004
Location: Between the woods and the water
Age: 24
Posts: 6,487
Likes: 0
Received 2 Likes on 2 Posts
VC and GC holders get an annuity of £1,495, but this page does not make it clear if it is taxable.
airborne_artist is offline  
Old 29th Oct 2005, 06:02
  #4 (permalink)  
Ecce Homo! Loquitur...
 
Join Date: Jul 2000
Location: Peripatetic
Posts: 17,666
Received 1,775 Likes on 803 Posts
Doesn't look like it, except for paraplegics. Even CMOH holders only a $425 exemption. This is from the Massachusetts tax code ( I presume the USA is applicable from your location)

VETERANS ...exemptions to certain veterans (and their spouses or surviving spouses) who were not dishonorably discharged....

ELIGIBILITY REQUIREMENTS & AMOUNTS

Clause 22 - $250.00:
This exemption is available to the following classes of persons:

Veterans with a war-service connected disability of 10% or more as determined by the Veterans Adminstration or the branch of service from which separated, or
Veterans who have been awarded the Purple Heart, or
Gold Star mothers and fathers, or
Spouses (where the domicile is owned by the veteran's spouse) and surviving spouses of veterans entitled to exemption, or
Surviving spouses of World War I veterans so long as they remain unmarried and so long as their whole worth, less any mortgage on the property, does not exceed $20,000.

Clause 22A - $425.00:
This exemption is available to veterans (and their spouses) who:

Suffered in the line of duty the loss or permanent loss of use of one foot or one hand or one eye, or
Received the Congressional Medal of Honor, Distinguished Service Cross, Navy Cross or Air Force Cross.
If the subject property is greater than a single family house, only that fraction of $425 which corresponds to the segment occupied by the veteran will be allowed

Clause 22B - $775.00:
This exemption is available to veterans (and their spouses) who:

Suffered in the line of duty the loss or permanent loss of use of both feet or both hands or both eyes.
If the subject property is greater than a single family house. only that fraction of $775 which corresponds to the segment occupied by the veteran will be allowed.

Clause 22C - $950.00:
This exemption is available to veterans (and their spouses) who:

Suffered total disability in the line of duty, and
Received assistance in acquiring "specially adapted housing" which they own and occupy as their domicile.
If the subject property is greater than a single family house, only that fraction of $950 which corresponds to the segment occupied by the veteran will be allowed.

Clause 22D - $250.00:
This exemption is available to surviving spouses (who do not remarry) of soldiers and sailors who:

Died in combat at the islands of Quemoy and Matsu.

Clause 22E - $600.00:
This exemption is available to veterans who:

Suffered total disability in the line of duty and are incapable of working.
If the subject property is greater than a single family house, only that fraction of $600 which corresponds. To the segment occupied by the veteran will be allowed.

Paraplegic - Total Exemption:
This exemption is available to veterans and the surviving spouses who do not remarry of such veterans who are certified by the Veterans Administration as paraplegic.

WARTIME SERVICE
Wartime service is service performed by a "Spanish War veteran," a "World War I veteran," a "World War II veteran," a "Korean veteran," a "Vietnam veteran," a "Lebanese peace keeping force veteran," a "Grenada rescue mission veteran," a "Panamanian intervention force veteran," a "Persian Gulf veteran," or a member of the "WAAC. " The dales for each qualifying military action are set out in G.L. Ch. 4 §7(43).
ORAC is online now  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.