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Tax help for military filers
As a veteran over 55, you can deduct up to $40,000 of your retired military pay from Virginia taxable income. This Virginia veteran tax credit phases in over four years, starting at $10,000 for the 2022 tax year and increasing by $10,000 yearly until 2025. Look for the screen below in the Virginia section of TurboTax to make the adjustment.
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‎April 1, 2023
1:03 PM
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