Senator Tomassoni Shares Reminder for Service Members to Check Tax Credit Eligibility Prior to October 15 Expiration
Senator David Tomassoni (DFL-Chisholm) today is sharing a reminder for military service members to check their availability for a state tax credit before it expires on October 15, 2018.
The Credit for Military Service in a Combat Zone for service in 2014 remains unclaimed by approximately 1,400 individuals who qualify. Recipients receive a tax credit worth $120 per month, or partial month served. Service members have already claimed more than $1 million in refunds for the 2014 credit, with an average refund of $660.
“Taking care of the men and women who wear our country’s uniform and make sacrifices to defend our freedoms past and present is of the highest priority for me,” said Sen. Tomassoni. “If you or someone you know qualify for this tax credit, my office is a resource to assist you with the application process.”
To qualify for the credit, service members must meet all of the following requirements:
- Served in a combat zone or qualified hazardous-duty area anytime on or after January 1, 2014
- Were a Minnesota resident during the time of service
- Received combat pay which is exempt from federal and Minnesota income tax
To receive the credit, service members must send the following documents:
- Form M99, Credit for Military Service in a Combat Zone
- Corresponding Form DD-214 for each period of qualifying service
- If still on active duty, attach Leave and Earnings statements for each month of qualifying service.
Applications must be postmarked by October 15, 2018.
For more information on the military tax credit and to fill out the form, visit the Minnesota Department of Revenue’s website at www.revenue.state.mn.us.
An informational video that explains who qualifies and how to claim the Credit for Military Service in a Combat Zone is available here. Tax credits for service in a combat zone are also available for 2015, 2016, and 2017. For more information, visit the Members of the Military page on the Minnesota Department of Revenue’s website and sign up for email updates on military credits, application deadlines, and tax law changes.
For information on combat zone locations that qualify for the tax credit, visit the IRS website.