
- 13May2019
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Tax Benefits for Members of the Military
Article Highlights:
- Service Member Residence or Domicile
- Service Member Spouse’s Residence or Domicile
- Non-Taxable Allowances
- Combat Zone Exclusion
- Home Mortgage Interest Deduction
- Home Property Tax Deduction
- Home Sale Gain Exclusion
- Moving Deduction
- Death Gratuity Payments
- Child Credit
- Earned Income Tax Credit
- IRA Contributions
- Reservist’s Travel Expenses
- Qualified Reservist’s Pension Withdrawals
- Retired Military Disability Compensation
Military members benefit from a variety of special tax benefits. These include certain non-taxable allowances, non-taxable combat pay, and a variety of other special tax provisions. Here is a rundown on…
- 13 May, 2019
- Jacqueline Cran
- 0 Comments