Question:
Is my gaming winnings earn or unearned income? Will it effect my TDIU? And do I have to report it? Thanks for your time. Army Dog out!
Jim's Reply:
The TDIU benefit only cares about income earned through gainful employment...a job. You can win the Lotto, earn money from real estate investments or selling your house or even inherit your fortune from poor old Aunt Tillie who left it all to you...and you'll continue to get the benefit.
- PS from StatesideLegal: You can use the "Find Legal Help" directory to search for an LRS provider in your State and ask for a low-cost consult with a tax lawyer on how to report your gaming income for tax purposes.