Veterans: NC gives Tax Credits on retirement income & property taxes

As we say thank you for this Veterans Day to all those who served the red, white, and blue, we want to call attention to the ways veterans can save a little green on their taxes.

“Nearly one in four military families qualify for the Earned Income Tax Credit which is up to $6,935 this year or the Child Tax Credit which is up to $2,000 this year. They aren’t automatic, just like they're not automatic for any taxpayer, you have to qualify,” said JW DeGance, Jackson Hewitt.

[michaelfisher]

NC should jump onboard with the full exemption, like several others states. Yes, first 45k is better than nothing, but some of us could really use the full exemption, similar to SC, TX, FL, etc.... Ft. Liberty is also the largest military installation in the US, so lots of Veterans. Come on NC leadership!!! Get those recent Bills passed to help those Vets in need with full property tax exemption, especially nowadays...