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Taxes

Spouse

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    Military spouses in states that collect state income taxes may be able to pocket a little more of their paycheck under an amendment that allows spouses to retain their legal residency in their home...  more

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    If you paid someone to care for your child, spouse, or dependent last year, you may qualify for tax credit.

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    There's good news for military families who plan to have children or currently raising them. There are a number of tax benefits available to those who claim a dependent child on their income tax re...  more

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    As a military spouse tax time can be a bit stressful to say the least -- here's answers to some of the most common questions.

Vets

Servicemembers

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    Let's face it -- the American tax system isn't known for its simplicity. And the confusion factor just climbs higher when you lived or worked in more than one state during the year.

  • Student Aid Tuition Assistance

    Servicemembers who recently enrolled in continuing education programs or signed up for skills building classes, have several government reimbursement programs and income tax benefits that can help ...  more

  • PCS

    To deduct moving expenses, you generally must meet certain time and distance tests. However, if you are on active duty and you move because of a PCS, you do not have to meet these tests.

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    If you purchased body armor for combat duty, the entire cost (including shipping) is tax deductible.

3 Ways Fiscal Cliff May Impact Taxes

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About

USAA, a diversified financial services organization, is the leading provider of competitively priced financial planning, insurance, investments, and banking products to members of the U.S. military and their eligible families. Rated among the highest among financial services companies for customer advocacy in a Forrester Research survey, USAA provides convenient and accessible financial products to its more than 9 million members. For more information about USAA, or to learn more about membership, visit usaa.com
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