Extends the time period for filing amended tax returns to correct overpayments related to military pension payments or military survivor's benefit.

This bill extends the period of time in which a taxpayer may file an amended gross income tax return to correct an overpayment of income tax arising from the erroneous reporting of gross income attributable to military pension payments or military survivor’s benefit payments. Under current law, a taxpayer must file a claim for credit or refund within three years from the time the tax return was filed or two years from the time the tax was paid, whichever occurs later.

Extends the time period for filing amended tax returns to correct overpayments related to military pension payments or military survivor's benefit.

This bill extends the period of time in which a taxpayer may file an amended gross income tax return to correct an overpayment of income tax arising from the erroneous reporting of gross income attributable to military pension payments or military survivor’s benefit payments. Under current law, a taxpayer must file a claim for credit or refund within three years from the time the tax return was filed or two years from the time the tax was paid, whichever occurs later.