Understanding Income Taxes

2 Jan 2010

This YouTube video, while a little boring, gives a great explanation of the basic system of filing and paying taxes in the US. If you are looking for basic knowledge about the process, this is for you.

Show Full Article

Related Topics

PayCheck Chronicles

© Copyright 2019 Military.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

You May Also Like

Young woman snorkeling with coral reef fishes

Do Your Vacation(s) Right

We all know about saving for vacation, but you should also save on vacation.

Paper with words va loan on a wooden background.

VA Now Notifying Vets Directly of Home Loan Funding Fee Exemption

The move means more eligible veterans should be able to avoid paying the fee.

college books, graduation cap, money

Pell Grant Limits Increase While Student Loan Interest Rates Decrease This July

For the first time in three years, student loan interest rates will drop.

family running to new house

You'll Be Able to Get a Bigger VA Loan in 2019

The amount the VA will guarantee your loan for just went up.

Money Topics

Memorial Day 2019

Mlitary.com honors and remembers the fallen.

View the Tribute

Select Service

My Membership

army

My Profile Army Home Page

navy

My Profile Navy Home Page

air force

My Profile Air Force Home Page

marines

My Profile Marines Home Page

coast guard

My Profile Coast Guard Home Page

national guard

My Profile National Guard Home Page

Spouse

My Profile Spouse Home Page

My Profile News Home Page

Personal Finance Topics

More from Paycheck Chronicles

Young woman snorkeling with coral reef fishes

Do Your Vacation(s) Right

We all know about saving for vacation, but you should also save on vacation.

Paper with words va loan on a wooden background.

VA Now Notifying Vets Directly of Home Loan Funding Fee Exemption

The move means more eligible veterans should be able to avoid paying the fee.

college books, graduation cap, money

Pell Grant Limits Increase While Student Loan Interest Rates Decrease This July

For the first time in three years, student loan interest rates will drop.

Cleaning bathroom

Do Some Financial Spring Cleaning in 2019

This is a good time to review and clean up any financial loose ends.

Mother using smartphone with children present

Redesign of myPay Website Promises Many Improvements

The redesign will make the pay website easier to use on mobile devices and more.

View more

Most Recent Military Pay Articles

A view of Pentagon with the Washington Monument in the background. (DoD Photo)

Senate Panel Approves $750 Billion Defense Policy Bill

The Senate Armed Services Committee overwhelmingly supported a proposed 3.1% military pay raise.

Mother using smartphone with children present

Redesign of myPay Website Promises Many Improvements

The redesign will make the pay website easier to use on mobile devices and more.

(Stock image)

This Military Savings Deposit Program Offers Chance to Earn Higher Rates

One of the military's better savings programs is also one of its best-kept secrets.

Adm. Karl Schultz, Coast Guard commandant, salutes during the commissioning of Coast Guard Cutter Terrell Horne at Coast Guard Base Los Angeles-Long Beach, March 22, 2019. (U.S. Coast Guard/Petty Officer 2nd Class Cory J. Mendenhall)

Coast Guard to Take $11.3 Billion Budget Proposal to Capitol Hill

The service's fiscal 2020 budget request seeks funds for new ships and aircraft and shore upgrades.

President Donald Trump and first lady Melania Trump pose for a photo with U.S. Airmen on Ramstein Air Base, Germany, Dec. 27, 2018. (U.S. Air Force/Staff Sgt. Timothy Moore)

It’s Official: 2020 Budget Proposal Has Largest Troop Pay Raise in a Decade

The White House backed a 3.1 percent military pay raise beginning in January 2020.

View more