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Tax help for military filers
When I looked at the SC tax code, it looks like deductions you refer to pertain to active duty retirement.
Thanks for the point to page 18 of the SC1040 instructions. It basically says the same as SC 117-640.3 "That portion of the pension or retirement income received by retried service personnel, residents of this State, that can be attributed to time served in the National Guard or Reserve components of the Armed Forces of the United States, is not taxable." I had 8 years of active duty and then 28 years of Reserve duty so I have a reserve retirement. That really changes my tax return.
Am I reading that right?
‎April 2, 2020
1:31 PM