Show Gl GilDS Ins Interest IOn Only n Taxable Veteran Benefit Veterans benefits are generally tax exempt and need not be reported as in income income income in- in come on tax returns the Veterans Administration has announced The rhe V VA i isaid said the only reportable item is interest earned on GI insurance dividends dividends dividends div div- div div- left on deposit or credit with the VA Insurance Insurance Insurance ance dividends themselves are not taxable the V VA A says nor are proceeds from GI insurance policies Other major tax exempt benefits are compensation and pension GI Bill and other educational assistance assistance assis assis- tance subsistence p pay payments a y- y ments to vocational rehabilitation rehabilitation rehabilitation reha reha- trainees a and n l grants for homes or autos to severely disabled veter veter- ans G N gt Q m lP y ti I nt ri i r ti r rf 1 f f fY Y The Tax Deductions a robust singing group thrilled students at the recent assembly fashion sho show It |