What is TAPS? The Texas Association of Public Schools Property and Liability Fund (TAPS) is a self-insurance pool set up under the Texas Interlocal Cooperation Act on September 1, 2001. Membership is limited to public school districts, community colleges and education service centers.
Disability benefits you receive from the Department of Veterans Affairs (VA) aren't taxable and don't need to be reported on your return. However, Military Disability Retirement pay could be taxable if reported on form 1099-R.
In fact, yes â Social security disability benefits are taxable. However, most beneficiaries donât pay taxes on SSDI because they have very little (if any) additional income. Approximately one-fourth of SSDI recipients owed federal income taxes in 2015, usually because of their spouse or other household earnings.