Taxes

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Taxes

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Veterans and their families may be eligible to file taxes absolutely free

The Internal Revenue Service has announced that the nation's 2016 individual income tax filing season opens Jan. 19, 2016, with more than 150 million tax returns expected to be filed this year.

People will have several extra days to file their tax returns this year. Taxpayers have until Monday, Apr. 18 to file their 2015 tax returns and pay any tax due because of the Emancipation Day holiday in Washington, D.C., falling on Friday, April 15. The IRS expects more than 70 percent of taxpayers to again receive tax refunds this year. Last year, the IRS issued 109 million refunds, with an average refund of $2,797.

Shown below are several ways Veterans and their families have access to free tax preparation and electronic filing services to keep more of their hard earned money.

Posted in Money

State Tax Benefits for Veterans

Each state maintains its own Veteran Affairs office. It's in your best interest to connect with your state's VA office, as each state may offer unique tax benefits to veterans. Below, you'll find a links to each state's VA office, along with links to their benefits and contact pages. Keep in mind, however, even if you are a resident of the state, that does not mean you are automatically qualified to receive their VA benefits.

Posted in Money
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