Solved: Virginia subtractions from federal income , can i use my military retirement ?
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

Virginia subtractions from federal income , can i use my military retirement ?

 
1 Best answer

Accepted Solutions
Highlighted
New Member

Virginia subtractions from federal income , can i use my military retirement ?

Yes, you may use military retirement as a subtraction if you are a Medal of Honor recipient.  Please see details below.


Military retirement income received by individuals awarded the Medal of Honor can be subtracted from federal gross income. The amount of the subtraction is the amount of military retirement benefits reported in federal adjusted gross income. The subtraction does not apply to benefits received by a surviving spouse. Code of Virginia Section 58.1-322 [C] [26]

View solution in original post

1 Reply
Highlighted
New Member

Virginia subtractions from federal income , can i use my military retirement ?

Yes, you may use military retirement as a subtraction if you are a Medal of Honor recipient.  Please see details below.


Military retirement income received by individuals awarded the Medal of Honor can be subtracted from federal gross income. The amount of the subtraction is the amount of military retirement benefits reported in federal adjusted gross income. The subtraction does not apply to benefits received by a surviving spouse. Code of Virginia Section 58.1-322 [C] [26]

View solution in original post

v
Privacy Settings