Veterans To Get IRS Refunds Over Compensated Work Therapy Taxes

Payments under the Dept. of Veterans Affairs (VA) Compensated Work Therapy (CWT) program are no longer taxable & disabled veterans who paid tax on these benefits in the past 3 years can now claim refunds, the IRS has released. Recipients of CWT payments will no longer receive a Form 1099 from the Dept. of Veterans Affairs. Disabled veterans who paid tax on these benefits in tax-years 2004, 2005 or 2006 can claim a refund by filing an amended return using IRS Form 1040X.