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Retirement tax questions
I cannot find the old Virginia Deduction for Military Basic Pay. :
Deduction for Military Basic Pay
Military personnel stationed inside or outside Virginia may be eligible to subtract up to $15,000 of military basic pay received during the taxable year, provided they are on extended active duty for more than 90 days. For every $1.00 of income over $15,000, the maximum subtraction is reduced by $1.00. For example, if your basic pay is $16,000, you are entitled to deduct only $14,000. You are not eligible for the subtraction if your military basic pay is $30,000 or more.
for UNDER 55, where is it? It was there last year
March 29, 2023
12:26 PM