Tax Guide For Military Members

Download or read book Tax Guide For Military Members written by Teddy Scher and published by Independently Published. This book was released on 2021-08-13 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wouldn't life be grand without taxes? You can't avoid them altogether, but as an active-duty U.S. military member or a veteran, you have access to tax benefits that are mostly unavailable to other Americans. In return for your service to the country, the federal government and individual states have established tax breaks to lighten your financial load or to ease your return to civilian life. This book cuts through that confusion by explaining how different types of military pay affect your taxes, teaching military members how to maximize military and family tax breaks, showing you which states don't tax military income and military retirement pay, and providing you with the knowledge you need to pay less tax. Not just now, but throughout your life! Written by a retired tax consultant with a talent for making IRS rules easy to understand, this easy-to-read book will take the stress out of tax time, and keep more money in your pocket.