VA State taxes Military Subtraction from AGI

[Mike835]

VA State taxes Retired Military Subtraction from AGI

[MaryK4]

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.