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Tag: Amended U.S. Individual Income Tax Return

Eligible veterans can seek refund for taxes on disability severance payment
July 18, 2018
Veterans who are eligible for a refund for taxes paid on their disability severance payment can submit a 1040X Amended U.S. Individual Tax Return for their reimbursement. Army Lt. Col. David Dulaney, the executive director for the Armed Forces Tax Council, said the Defense Department has identified more than 130,000 veterans who may be eligible for the refund.