Introduced Senate Bill (S)

Authored by

DIGEST

Military income tax deduction. Increases to $7,500 the amount of the military income tax deduction, including retirement or survivor's benefits received during the taxable year by an individual, or the individual's surviving spouse, for the individual's service in an active or reserve component of the armed forces of the United States, including the army, navy, air force, coast guard, marine corps, merchant marine, Indiana army national guard, or Indiana air national guard. Military income tax deduction. Increases to $7,500 the amount of the military income tax deduction, including retirement or survivor's benefits received during the taxable year by an individual, or the individual's surviving spouse, for the individual's service in an active or reserve component of the armed forces of the United States, including the army, navy, air force, coast guard, marine corps, merchant marine, Indiana army national guard, or Indiana air national guard.