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 The tax refund is owed because the Defense Finance and Accounting Service (DFAS) had used an outdated process to determine tax withholding on military disability severance payments.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
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- Tricare Website Glitch Causes Problems as Open Season Gets Underway
- Hear That, Sgt. Rover? Better Ear Protection Coming for Military Working Dogs
- Vets Don't Need 20% Down with the VA Loan Benefit
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- Win $5,000 Honoring Heroes with AARP Contest
- Alaska Guardsman Awarded Bronze Star
- Airman’s Invention Improves F-22 Fighter Maintenance
- Handheld Device Helps Marines ID Enemies
- Military Bases Picked as 5G Test Sites for DoD
- 20th Chief of Naval Operations Dies
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- VA Offers Tips on Coping with PTSD During Holiday Season
- Navy Eyes Move Away from Unpopular Unisex Uniforms After Feedback from the Fleet
- Beards Ashore: Navy's Personnel Boss Says He's Open to Considering Them in Future
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