The statement below is from the VFW’s 13 July Action Corps Weekly. In the event this situation may applies to you, ensure you read the provided links for advice on how to proceed. It is not widely known a special law, which went into effect in 2017, was passed to help remedy the situation. However, it has taken the Defense Department until now to determine which veterans were affected and how much they overpaid. Read the rest of this entry »
By now, most have their W-2’s, 1099’s and what else they need to file their taxes. Therefore, we thought this webpage might be of use to you or some of your comrades.
As of 22 February 2018
Source: Information for Veterans
As of 18 July, the Internal Revenue Service has launched a new site titled “Information for Veterans.” “The page is designed to provide timely, federal tax-related information to veterans about tax credits and benefits, free tax preparation, financial education, and asset-building opportunities available to veterans,” according to the VVA Weekly Newsletter of 11 August.
Nothing really that exciting or new from what we have provided on our Answers Desk site, but does provide in one place useful links related to money matters or the lack of it.
As of 11 August 2016
Application deadline for Property Tax/Rent Rebate Program extended until Dec. 31
The Property Tax/Rent Rebate Program benefits eligible Pennsylvanians 65 and older, widows and widowers age 50 and older, and people with disabilities age 18 and older. The maximum standard rebate is $650, but supplemental rebates can boost rebates up to $975.
As of 8 June 2016
Real Estate tax exemptions for veterans have come up more than once at veterans group meeting. Confusion often reigns. Word of mouth frequently leads to misunderstandings. Perhaps the worst part is surviving spouses are often forgotten – to include the surviving spouses of a servicemembers killed in action. This article is an attempt to clarify the situation for our members who live in Pennsylvania and that other country, New Jersey. While it is beyond the scope of this article to determine with certainty any local ordinances regarding exemptions exist (none are currently known), the existing laws in both states are discussed.
First, the belief that real estate tax exemptions for a disabled veteran are federal law is not true. Any real estate tax exemption, waiver or reduction (hereafter, called “exemption”) is the result of a local ordinance or state law. Read the rest of this entry »