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Some combat-wounded vets could see a windfall thanks to tax fix passed by Congress | MilitaryTimes

Some combat-wounded vets could see a windfall thanks to tax fix passed by Congress | MilitaryTimes

Thousands of combat-wounded veterans are in line for big payouts from the Defense Department after lawmakers passed a fix to severance package problems before leaving town last weekend.

And many may not know they’re owed any money.

The Combat-Injured Veterans Tax Fairness Act of 2016, expected to be signed into law by the president in the coming days, mandates the department stop improperly taxing severance payouts for troops wounded in war zones, and requires Pentagon officials to identify any veterans whose benefits were improperly taxed.

Source: Some combat-wounded vets could see a windfall thanks to tax fix passed by Congress