Sec. 506.
"Eligible serviceperson", "eligible veteran", and "eligible widow or widower" means a serviceperson, veteran, or widow or widower, whose income as defined in this chapter is not more than $7,500.00 per year unless the serviceperson, veteran, or widow or widower receives compensation paid by the veterans administration or the armed forces of the United States for service incurred disabilities and who meets the requirements of the following schedule:
War Person Service in Disability % Taxable |
War Value |
Allowance |
Indian Veteran or 3 months, or No $3,500.00 |
Civil veteran's widow 1 day with requirement |
Spanish- or widower discharge |
American for service- |
Mexican connected |
disability |
World War I Widow or widower 3 months, or No $2,500.00 |
World War II of nondisabled 1 day with requirement |
Korean or nonpensioned discharge |
veteran for service- |
connected |
disability |
All wars or Pensioned veteran Any No $3,500.00 |
presidential or veteran's requirement |
executive widow or widower |
order or |
presidential |
proclamation |
All wars or Veteran with Any 10-50 $3,500.00 |
presidential service-connected |
executive disability or |
order or veteran's widow |
presidential or widower |
proclamation |
All wars or Veteran with Any 60-70-80 $4,000.00 |
presidential service-connected |
executive disability or |
order or veteran's widow |
presidential or widower |
proclamation |
All wars or Veteran with Any 90-100 $4,500.00 |
presidential service-connected |
executive disability or |
order or veteran's widow |
presidential or widower |
proclamation |
All wars or Widow or widower Any No $4,500.00 |
presidential of veteran dying requirement |
executive in service |
order or |
presidential |
proclamation |
Current Serviceperson or Any No $3,500.00 |
service serviceperson's requirement |
widow or widower |
History: Add. 1973, Act 20, Imd. Eff. May 16, 1973 ;-- Am. 1987, Act 254, Imd. Eff. Dec. 28, 1987 ;-- Am. 1996, Act 484, Eff. Jan. 1, 1996
Last modified: October 10, 2016