Retirement tax questions

ThomasM125 · ‎January 25, 2023

Yes, the maximum exclusion is $10,000 for 2022 and it increases each year until 2025 when the maximum exclusion will be $40,000. You will see this screen when you work through the Virginia state program in all 2022 TurboTax programs:

Choose the Military Benefits Subtraction option to enter your qualifying benefits.

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