VA does allow non-taxable income to be “grossed up” based using the current income tax tables. Contact me for this information.

VA-Grossing Up Income:  Is 25% the non-taxable “gross up income” amount for VA? Answer: Regarding non-taxable income: VA does not allow a flat 25% gross up of non-taxable income.  They require that you use withholding tables to determine a prudent adjustment.  You will need the final adjusted taxable income from the tax returns in order […]

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