LITTLE ROCK, Ark. – Arkansas disaster survivors receiving Social Security or other government state or federal aid have no cause for concern that disaster assistance might affect their benefits.Internal Revenue Service rules say qualified disaster relief payments are not counted as income as long as the reimbursed expense is not also paid by insurance or other reimbursement.According to the IRS, qualified disaster relief payments include payments received for the following;Reasonable and necessary personal, family, living, or funeral expenses incurred as a result of a presidentially declared disaster. These may include medical,...
4252 Hits