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Marine Corps League Detachment 336

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Friday, 07 September 2018 00:20

Eligible Veterans Can Seek Refund for Taxes on Disability Severance Payment

Written by Public Affairs Officer
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WASHINGTON --

The Defense Department has identified more than 130,000 veterans who may be eligible for a refund for taxes paid on their disability severance payment, a DoD tax expert said.

IRS Form 1040X

Veterans who are eligible for a refund for taxes paid on their disability severance payment can submit a 1040X Amended U.S. Individual Tax Return for their reimbursement. Army Lt. Col. David Dulaney, the executive director for the Armed Forces Tax Council, said the Defense Department has identified more than 130,000 veterans who may be eligible for the refund. DoD photo by Lisa Ferdinando

 

Army Lt. Col. David Dulaney, the executive director for the Armed Forces Tax Council, said the department began mailing notices to veterans July 9.

The deadline to file for the refund is one year from the date of the Defense Department notice, or three years after the due date for filing the original return for the year the disability severance payment was made, or two years after the tax was paid for the year the disability severance payment was made, according to the IRS.

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Information Paper DoD Actions

DoD News Article Taxes

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Public Affairs Officer

Public Affairs Officer

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