Tuesday, May 22, 2012
Change For Veterans in SSA's Rules
Want to let you know about a change that SSA is making in their Program Operations Manual System, or POMS. The POMS reference is: RS 01402.485 Department of Veterans Affairs (VA) Incentive Therapy (IT) and Compensated Work Therapy (CWT) Programs.
Here is an excerpt from the SSA change notice. To read the whole notice, go to this LINK.
Background
We are providing a new section, RS 01402.485 Department of Veterans Affairs Incentive Therapy (IT) and Compensated Work Therapy (CWT) Programs, to clarify that the Internal Revenue Service (IRS) considers income received from these programs as non- taxable medical services.
Summary of Changes
RS 01402.485 Department of Veterans Affairs (VA) Incentive Therapy (IT) and Compensated Work Therapy (CWT) Programs
This section is new and includes an introduction to the VA’s IT and CWT Programs. This section also includes policy on how the Internal Revenue Service treats income from the IT and CWT Programs.
Any questions may be directed to: rsi5@srt.com
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Veterans
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