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New Law Allows Injured Vets To Get Refund On Taxes They Were Never Meant To Pay

Released 12/20/16 at Task & Purpose | Tags: Congressional Legislation

Thousands of veterans injured in combat could soon be able to recoup taxes erroneously collected from their disability severance pay due to a new law signed by President Barack Obama. About 13,800 veterans separated from the military due to their injuries might have been affected, the nonprofit group National Veterans Legal Service Program estimates. Due to an accounting error, as much as $78 million in taxes deducted over decades from the lump sum payments.

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