Call To Action - Support Military Retirement Tax Exemption
Virginia is one of only five states without a special tax exception for military retirement benefits.
Click below to view a sample letter to assist you in writing your congressmen to request they support HB 1128 and SB 586.
These bills establish an income tax subtraction for up to $20,000 of military benefits in taxable year 2021, up to $30,000 in taxable year 2022, and up to $40,000 in taxable year 2023 and each year thereafter. Benefits encompass military retirement income and benefits paid to the surviving spouse of a Veteran.