Veterans will get money back after 25-year computer glitch
The government owes thousands of veterans a tax refund due to a mistake dating back to the early 90s.
Posted — UpdatedThe government owes thousands of veterans a tax refund due to a mistake dating back to the early 90s.
As a part of the Combat-Injured Veterans Tax Fairness Act of 2016, certain veterans can now receive up thousands of dollars in refunds.
In 1991, because of a computer glitch, thousands of non-taxable disability severance payments were subject to tax, a Defense Department official told CBS MoneyWatch.
The National Veterans Legal Services Program, a national advocacy group, originally caught the mistake.The Department of Defense is now in the process of sending out letters to more than 130,000 veterans who received disability charges and severance payments from the Defense Department between January 1991 and 2016.
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