Connect
Get the

Money Matters

Sign-up
Newsletter

Taxes

Spouse

  • tax collage 380x253

    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

  • mother child play 380

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

  • calculator and checkbook

    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

  • money counter 428x285

    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

  • tax forms 600x400

    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.

  • article icon

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

5 Ways Fiscal Cliff Deal Affects Your Taxes

Taxes

Related Topics

Personal Finances

Contributor

About

Credit.com provides readers with unique insight, helpful tips and straight answers about their financial world. Our team of reporters and experts explore credit, loans, debt, saving, and identity theft topics, all designed to help you make smarter financial decisions. Visit Credit.com to sign up for your FREE Credit Report Card and find out where you stand today!

Related Links:

Can You Really Get Your Credit Score for Free?
The Ultimate Credit Report Cheat Sheet
Three Ways to Fight Military Identity Theft

© 2016 Military Advantage