Bar Association Announces Veteran Tax Refund
Attention veterans and your families!
The federal government is urging some 133,000 veterans who had money improperly withheld from their severance payments for combat-related injuries or other disability compensation to apply for tax refunds.
In some cases the improper withholding dates as far back as 1991. Survivors of veterans who would have been eligible for this refund may also apply. The refunds are the result of the Combat-Injured Veterans Tax Fairness Act of 2016. Taxpayers usually can only claim refunds within three years of the date a tax return is due, but thanks to the 2016 law, veterans will have one year from when they receive the DOD letter to claim the money they are owed.
For more information on this tax refund and who it impacts CLICK HERE
This short video offers a condensed explanation of the refund.
For more information on how to get this refund CLICK HERE or HERE.
The New Hampshire Bar Association can help with any assistance filing a claim or figuring out if you are eligible for this tax refund. CLICK HERE FOR HELP