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.
Your monthly SSDI income from the Social Security Administration depends on your earnings record. And even though your SSDI benefits come directly from the federal government, they still may be taxable. Read on to learn how monthly disability income is taxed for individuals as well as for joint income tax returns.