- Jan 24, 2004
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So before I was medically retired this year I made 26900 dollars (taxable income was in the military). 3000 of it was withheld and I was due to get 1300 back. I also received two months of retirement pay before my VA pay kicked in. That was 2500 dollars. Of which 250 was withheld. Now when I add it to my tax return I actually go down to 1100 on my return... That means they want about 450 for that last 2.5k. How is it that last 2.5k is getting taxed like 20%? Kind of a real kick in the teeth to lose money on my return from disability pay done as retirement because my ratings weren't finalized yet...
Shouldn't I be part of the 47% anyway?
Shouldn't I be part of the 47% anyway?