Military Taxes: Civilian Exemptions
Remember that you can also claim many of the same exemptions as civilians. When doing your taxes, do not forget to check out the credits and deductions that apply to civilian taxpayers, such as:
- Dependent and child care expenses
- Earned income credit
- Education expenses
For information on these and other possible tax benefits, check out IRS Publication 17, Your Federal Income Tax. This free publication takes you step-by-step through the tax return and helps you pay only what you owe.
Ask June
Over the last few years, I’ve been hearing little bits about Pacific Marine Credit Union (PMCU.) Lots of people like them, and they seem to have pretty good offerings. I don’t have an account with them, but their special offers have caught my eye. They have a Military Saves week promotional CD offering a 4% [...]
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