in Education
3356334
You'll need to sign in or create an account to connect with an expert.
The deduction for active-duty military pay is taken on Virginia Schedule ADJ, lines 6b-d, using code 38 (or code 30 for duty in a combat or hazardous duty zone).
Thank you...but that is not the question I asked...I guess intuit changed it to what they wanted. I had originally typed: where do you take the deduction for Military Retirement Pay for Virginia State Tax? It was not done automatically. (Retirement was the key word)
The deduction for military retirement pay for Virginia state tax can be deducted by following the instructions below:
The maximum amount of the subtraction is:
-$20,000 for Taxable Year 2023
-$30,000 for Taxable Year 2024
-$40,000 for Taxable Year 2025 and after.
NOTE: If a joint return is filed by two married members of the military both receiving qualifying benefits, each spouse would be able to take advantage of the maximum subtraction amount for his or her qualifying benefits.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
anonymouse1
Level 5
in Education
ripepi
New Member
ir63
Level 2
Donald-Palmadessa11
New Member
TEAMBERA
New Member