Body Armor Tax Deductible

If you purchased body armor [or other personally procured protection equipment] for combat duty, the entire cost (including shipping) is tax deductible. You or your spouse must have purchased it; if other friends or relatives purchased it, there's no deduction.

To deduct the armor, you must itemize your deductions. The deduction goes as an itemized deduction on Schedule A, which attaches to your Federal Form 1040. Only the amount of the cost which is more than 2 percent of your Adjusted Gross Income (in most cases, this is yours "and, if married, your spouses" combined salaries and wages).

For example, suppose you spend $2,000 for body armor, and you are single with service wages of $30,000. Your deduction is $2,000 minus $600 (or 2 percent of $30,000) or $1,400.

Besides body armor, anything else you purchase which helps you perform your service job better is tax deductible. This includes any equipment, or articles of clothing which would not be suitable for general civilian wear.

Visit the IRS website to learn more about deducting "Employee Business Expenses."

Connect
Get the

Money Matters

Sign-up
Newsletter

Taxes

Spouse

Vets

Servicemembers

  • tax forms

    The tax laws provide some special benefits for active members of the U.S. Armed Forces, including those serving in combat zones.

  • tax collage 380x253

    With the start to the new year behind us, it is time to once again plan ahead for tax season. With the exception of those serving in combat zones or stationed outside the U.S, most military personn...  more

  • Taxes

    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

© 2014 Military Advantage
A Monster Company.