Retired servicemembers under age 55

If a retired servicemember is under age 55 at the end of the tax year, they may claim the military retirement subtraction on the applicable line of the Subtractions from Income Schedule (DR 0104AD) for military retirement benefits included in their federal taxable income, subject to the following limitations based on the tax year:

Military Retirement Subtraction Limits Tax Year(s) Limit 2019 $4,500 2020 $7,500 2021 $10,000 2022-2028 $15,000