The short answer is no. According to the Department of Veterans Affairs and the IRS, education benefits – including tuition fees, housing and books – are not taxable, and you do not need to report them on your tax return as income. “Payments you receive for education, training, or subsistence under any law administered by […]
How Do I Use The GI Bill?
The GI Bill is a valuable education benefit for military service members and veterans. This tax-free benefit can help you pay for your tuition, books and even housing costs. Here’s what you need to know about using these benefits. Determine Your Eligibility First, confirm that you are eligible for GI Bill benefits. The Department of […]
Post-9/11 GI Bill – Transfer Benefits to Spouse or Dependents
Can you transfer your GI Bill benefits to your spouse or children? Yes. In June 2009, the Department of Defense (DOD) outlined the rules for transferring your GI Bill benefit to your dependents, and then updated them in 2018. Here’s what you need to know. Who Is Eligible to Transfer GI Bill Benefits? According to […]
Will The Military Pay For Medical School?
Qualified service members who choose a career in military medicine may be eligible for up to 100% medical school tuition coverage. Additionally, military medical practitioners don’t have to purchase malpractice insurance. These perks can make military medicine an attractive option for students considering medical school. If that’s you, here’s what you need to know. Paying […]
Can I Transfer My GI Bill Benefits to My Wife or Husband?
In 2009 the Department of Defense began allowing eligible active-duty, reserve and National Guard military service members to transfer their GI Bill benefits to their spouses and children. How Do I Transfer My GI Bill Benefits to My Spouse? The first step is to determine whether you are eligible to transfer your benefits to your […]
