IRS publication 525 advised e a military disability rating of 20% or higher is eligible to recoup money deducted from their retirement pay for previous years. How?
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IRS publication 525 advised e a military disability rating of 20% or higher is eligible to recoup money deducted from their retirement pay for previous years. How?

IRS publication 525 updated in 2016 to advise a military disability rating of 20% or higher is eligible to recoup money deducted from their retirement pay for previous years.  How would I go about doing tha?  Which forms need to be filed to recover monies due for previous years. 

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New Member

IRS publication 525 advised e a military disability rating of 20% or higher is eligible to recoup money deducted from their retirement pay for previous years. How?

How
New Member

IRS publication 525 advised e a military disability rating of 20% or higher is eligible to recoup money deducted from their retirement pay for previous years. How?

If you are eligible, you will need to file an amended tax return (Form 1040X), for the tax years to which this pertains, in order to claim a refund.  Generally, you have 3 years to file an amended return in order to receive a refund. To amend your returns, use the following instructions: https://ttlc.intuit.com/replies/3288565

The following IRS link provides additional information about this Special Tax consideration for veterans.

https://www.irs.gov/individuals/military/special-tax-considerations-for-veterans

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