Bill Summary for S 767 (2019-2020)
May 15 2020
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AN ACT TO EXTEND THE TIME PERIOD FOR FILING AN AMENDED RETURN FOR INCOME TAX LIABILITY AFFECTED BY THE COMBAT-INJURED VETERANS TAX FAIRNESS ACT OF 2016.Intro. by D. Davis.
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States the act's purpose.
Allows a taxpayer who (1) is a veteran that was provided notice of an amount of improperly withheld severance payments and (2) filed an amended federal individual income tax return to recover the amount improperly withheld, to apply for a refund of the State individual income tax paid on the improperly withheld amount.
Requires the request for a refund to be made on or before October 15, 2022; requests after that date are barred.