According to the DoD and IRS more than 130,000 disabled veterans who took a lump-sum disability severance are due a tax refund. The tax refund is owed because the Defense Finance and Accounting Service (DFAS) had used an outdated process to determine tax withholding on military disability severance payments. Unfortunately, very few veterans knew to apply for a refund or the value of doing so. Get the full story in this week’s Military Update on Military.com.
Thousands of Disabled Vets Owed Tax Refunds
Current issue of the Military Report
- US Military Is America's Heaviest-Drinking Profession, Survey Finds
- Military Retirees Flock to Federal Dental and Vision Program
- VA Struggles to Curb 'Parking Lot' Suicides at Its Own Facilities
- Military, Vets' Groups Want Scrutiny of Commissary-Exchange Merger Proposal
- $400k Coverage from Only $29 a Month
- Committee Will Study Respiratory Diseases Related to Military Burn Pits, Dust
- Bill Would Align Age Eligibility for CHAMPVA with Tricare, Affordable Care Act
- Paychex Is Hiring Veteran Talent - Find Your Next Mission
- New Pentagon Transgender Enlistment Ban Takes Effect
- Vets Don't Need 20% Down with the VA Loan
- Some GI Bill Rates Are Increasing Aug. 1
- Tricare Supplement = $0 Out of Pocket Costs
- VA Needs to Improve Head Injury Disability Evaluation System, Study Finds
- Air Force Unveils New Changes to Officer Special-Duty Assignments
- Memorial for Last Doolittle Raider
- Military Aviation Accidents Down, But Deaths Remain High, Report Finds
- Retention Bonus Increases for Enlisted Nuclear-Trained Sailors
- App to Help Provide Eye Care to Airmen
- Naval Exchange Districts Guam, Japan to Merge
- New App Helps Air Force Connect with Troops
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