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Gillibrand: 9/11 Victims, Families Eligible for Tax Break

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TWC News: Gillibrand: 9/11 Victims, Families Eligible for Tax Break
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Victims of the September 11th attacks are entitled to a tax break that has gone unrecognized by many.

The Victims of Terrorism Tax Relief law states that disability income resulting from a terror attack is not taxable.

The statute also says families of those who died as a result of terror attacks are entitled a refund of at least $10,000.

The seldom-known statute was written in 2002 and was recently discovered by an ailing Transportation Department veteran who alerted Senator Kristen Gillibrand.

Gillibrand says she then pressed the Internal Revenue Service to publicize the entitlement.

"The IRS is taking the right steps to update and clarify its publications and I will continue to fight for our responders to ensure they get back the tax benefits they are owed," Gillibrand said in a statement.

The IRS says they will rewrite guidance documents and promote the statute on their website.

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