Sale of home impact


Will the proceeds from the sale of my home reported on a 1099S affect my TDIU status ?

Jim's Reply:

No. Income from investments like a home are not "gainful employment" and aren't restricted. The veteran with a 100% P & T TDIU rating can earn income from sales of real estate, win the Lotto or inherit the millions of dollars we know Aunt Tillie has stashed away and as long as it isn't coming from gainful employment, there is no penalty.