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Military service members are reminded to claim their 2018 military tax credit before mid-October deadline
ST. PAUL, Minn. - The Minnesota Department of Revenue reminds the state?s military service members to take advantage of a refundable military tax credit before it expires. The 2018 Credit for Military Service in a Combat Zone will expire October 15, 2022, for qualifying service members.
More than 2,800 service members were eligible for the 2018 Form M99, Credit for Service in a Military Combat Zone, but about 1,400 service members still have not claimed it.
The credit is $120 per month or partial month served.
?With around half of eligible military service members still needing to claim this 2018 credit, we want to do everything we can to get the word out and make sure they?re aware of this tax benefit that is available to them,? said Revenue Deputy Commissioner Lee Ho. ?This is money they earned for their service to our state and country.?
To qualify for the credit, service members must have:
- Been a Minnesota resident during the time of service
- Served in a combat zone or qualified hazardous duty area during 2018
- Received combat pay that is exempt from federal and Minnesota income tax
The IRS has online information about combat zone locations approved for tax benefits.
How do military service members claim this credit?
To claim the credit electronically:
- Go to www.revenue.state.mn.us and enter M99 into the Search box. Complete the online form to apply for the credit.
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For active-duty members: Upload a Leave and Earnings Statement for each month of qualifying service must be uploaded
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For National Guard, reservists, and retired or discharged active-duty members: Upload Form DD-214 for each period of qualifying service
To claim the credit by mail:
The department sent letters to more than 1,400 service members on how they may qualify for and claim the credit. Service members have already claimed more than $960,700 in refunds for the 2018 credit, with an average refund of $611. Tax credits for service in a combat zone are also available for 2019, 2020, and 2021.
The 2022 Form M99, will be available to file starting January 2023.?
Check out and share the department?s video explaining who qualifies and how to claim the Credit for Military Service in a Combat Zone. For more information, visit the department?s Military Service Members webpage.
You can also sign up for email updates by entering your email address and selecting ?Military Information? under Individuals.
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