New Mexico Re-Employment of Veterans
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FAQ
New Mexico offers a wide range of state benefits for our veterans and their families. This includes property tax exemptions, educational scholarships, free and reduced-fee hunting and fishing licenses, and specialty license plates.
New Mexico State Taxes on U.S. Department of Veterans Affairs Disability Dependency and Indemnity Compensation: Dependency and Indemnity Compensation (DIC) is a tax-free monetary benefit paid to eligible survivors of military service members who died in the line of duty or eligible survivors of Veterans whose death
Veterans continue to struggle to gain employment because of culture gaps between civilian society and their military pasts, as well as a lack of seamless integration amongst Veteran care programs. Years ago companies and small businesses would give priority to veterans for work from their State's Unemployment Office.
Takeaway: even though more than half of veterans say they want to do something new, they are much more likely to be hired in similar industries as other veterans. Takeaway: veterans are applying to jobs in industries, like defense and space, that have better hiring rates for veterans.
The Property of a Veterans' Service Organization chartered by the United States Congress and that is used primarily for the benefit of Veterans and their Families, is exempt from property taxation. New Mexico Retired Military Pay Income Taxes: The state offers a low- and middle-income exemption.
Yes. Active duty income earned by active duty members of the armed forces is exempt from New Mexico's personal income tax. File a PIT-1 resident tax return and use a PIT-ADJ schedule to deduct any military active duty pay.
The U.S. Department of Labor (DOL) has implemented priority of service for veterans and eligible spouses in all qualified job training programs. This page offers resources for both veteran job seekers, and employment and training program providers.
Disabled Veteran Property Tax Exemption Any veteran who has been rated 100 percent Permanent & Total disabled by the U.S. Department of Veterans Affairs (VA), , and is a legal resident of New Mexico, qualifies for a complete property tax waiver on their primary residence.
Employment Characteristics of Post-9/11 Veterans In the 2014-2018 period, about 80% of post-9/11 veterans were employed compared with only 75% of nonveterans. Among the employed, post-9/11 veterans were also more likely than nonveterans to work year-round (50 to 52 weeks a year) and full-time (35 hours or more a week).