[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-3988":3},{"rec_id":4,"title":5,"text":6},"3988","What is the Virginia Basic Military Pay Subtraction?","\u003CB>Code: 38\u003C/B>\r\n\u003Cbr>\u003Cbr>\r\nSome taxpayers who qualify as military personnel stationed inside or outside Virginia and who are on extended active duty for more than 90 consecutive days can subtract up to $15,000 of military basic pay that was received during the taxable year and included in federal adjusted gross income and is not included in another subtraction.\r\n\u003Cbr>\u003Cbr>\r\nEnter here the subtraction amount that you qualify for. Keep reading to determine how to calculate your subtraction.\r\n\u003Cbr>\u003Cbr>\r\nIf your military basic pay does not exceed $15,000, then you can subtract the entire amount. \r\n\u003Cbr>\u003Cbr>\r\nIf your military basic pay is over $15,000, then the subtraction is reduced by the amount exceeding $15,000. For every $1.00 of income over $15,000, the maximum subtraction is reduced by $1.00. If your military basic pay is $30,000 or more, you are not entitled to a subtraction. \r\n\u003Cbr>\u003Cbr>\r\nFor example, if your military basic pay is $18,000, then your maximum subtraction is $12,000. If your military basic pay is $29,000, then your maximum subtraction is $1,000.\r\n\u003Cbr>\u003Cbr>\r\nOn joint returns, each spouse can qualify for the subtraction. If you claim this subtraction, you cannot claim a \u003Ci>Credit for Low Income Individuals\u003C/i>, \u003Ci>Virginia Earned Income Credit\u003C/i>, or \u003Ci>Refundable Virginia Earned Income Credit\u003C/i>.",1777391540278]